Mike’s Saturday Editorial
Mike talks about what went wrong with the carbon tax. BT Global’s Paul Beatty is bullish on stocks. Ozzie on some good news for the self employed trying to get a mortgage. And you won’t believe this week’s goofy.
Yikes. I didn’t know we’re allowed to say that, but Dr Daniel Sarewitz did, pointing the finger at those people who say that climate change is the big cause of every natural disaster. With the consequence being that we limit our range of options in taking action.
They said no such thing. Instead the number comes from an SEC filing presenting a Net Present Value Analysis of the project under different scenarios by TD Securities including what if it cost more and was delayed until January, 2022.
Remember all the big talk that we were going to show Donald Trump and stop travelling to the States? Well we didn’t. Maybe not a big surprise for a nation that’s raised virtue signalling to new heights but isn’t quite as keen on actually “doing something.”
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Big Mistake on the Carbon Tax
Posted by Michael Campbell
on Saturday, 11 August 2018 19:51
It’s just dawning on some people that the carbon tax may be a “no go” politically. No kidding Sherlock, that’s why the original in BC was revenue neutral. Carbon tax revenue was – by law – offset by reductions in personal and business taxes. But now that’s changed with both BC and Alberta taking the money collected into general revenues.