In Conversation with Amanda Lang: Upcoming Fall Economic Statement & Federal Carbon Tax
This is the twelfth episode of The Hub's bi-weekly series featuring Sean Speer in conversation with award-winning journalist and best-selling author Amanda Lang. The two discuss what to expect from next week's Fall Economic Statement, whether it is too early to declare "mission accomplished" on lowering inflation, and the policy consequences of the Trudeau government's recent changes to the federal carbon tax.
The Hub Dialogues feature The Hub's editor-at-large, Sean Speer, in conversation with leading entrepreneurs, policymakers, scholars, and thinkers on the issues and challenges that will shape Canada's future at home and abroad. This episode is generously supported by the Linda Frum and Howard Sokolowski Charitable Foundation.
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The Canadian GDP was 5th worst in the OECD last year up from 3rd worst the year before. MS Freeland uses her own stats. Based on the G7 but where she gets the determinants are on a I'll pickem basis.
Actually doing nothing actually makes more sense because of basic math. At 1.6% of GHG production, nothing Canada does will have any significant impact on temperature increase. The 3rd decimal place of a degree. Meanwhile China’s growth alone over 14 months equals Canada’s annual production. So if human activity is the leading cause of climate change, expect a disaster by the end of the century. Our efforts are just irrelevant. Mental masturbation! If we are to invest huge dollars, it should be on mitigating the effects of climate change. China, India and Russia obviously don’t consider climate change an existential threat.