Today, Ontario PC Leader Patrick Brown said the Wynne Liberals’ cap-and-trade cash will destroy jobs, referencing a letter that was sent to the Premier from the Ontario Chamber of Commerce that highlights its impact on Ontario businesses.
“Cap-and-trade will make life more expensive and Ontario more uncompetitive. Businesses of all sizes will close their doors and shutter their windows. Jobs will head south of the border, and Ontario will miss out on key investments,” said Brown. “You don’t have to take my word for it, the Chamber of Commerce said it themselves today in a letter to the Premier.”
The Chamber’s letter notes that increased costs could lead to Ontario “losing out on jobs and investment,” and that the Wynne Liberals “must consider how we can prevent exporting jobs while importing pollution.”
Businesses across Northern Ontario have been raising concerns about the impacts of cap-and-trade. Atlantic Power Corporation in North Bay was described as “the first casualty of the province’s cap-and-trade program,” after their plant was shut down and at least eleven jobs were lost. PC Leader Patrick Brown had also toured the Boniferro Mill Works in Sault Ste. Marie where the owner pointed out that his competitors across the border in Michigan weren’t subjected to the expensive cap-and-trade scheme.
“This Wynne Liberal cash grab is proof that they don’t want to grow the economy or grow jobs. If elected in 2018, an Ontario PC Government will dismantle cap-and-trade, and replace it with a system that helps the environment, protects the economy, and lowers taxes for families and businesses,” added Brown.
The following statement was issued shortly after by Glen Murray, Ontario’s Ministry of the Environment and Climate Change
“Patrick Brown showed again today that he just doesn’t understand the need for a realistic and affordable plan to fight climate change. Despite expert third-party research from EnviroEconomics showing his carbon tax scheme would cost families and businesses more but do less for the environment, him and some of his Conservative colleagues continue to support it.
Unlike Brown, we’ve chosen an approach that makes sense for Ontario. With the federal government mandating a carbon price for every province and territory by 2018, we’re taking a lead by moving forward with our plan to cap the pollution businesses can release into the atmosphere. This approach is best because it balances action with affordability, guaranteeing emission reductions at the cheapest price possible for families and the economy. It invests any proceeds raised transparently in green projects that will help make the fight against climate change easier. It also gives businesses the choice of either investing in green technologies to reduce their own emissions or purchasing allowances.
The Conservatives’ scheme would offer businesses no such choice, instead send us down a road that would be more expensive but less effective. Their carbon tax scheme would costs families and businesses four times more, put an immediate end to our important green investments and, most importantly, would not guarantee any reductions. Inefficient, ineffective and unaffordable – that’s how you’d define a plan that costs more but does less. Ontarians deserve better.”
– Glen Murray, Ontario’s Ministry of the Environment and Climate Change