Use of carbon tax revenues hold key to ensuring new price doesn’t hinder growth: Economist

'The entire economic discussion is around how you recycle' the proceeds of the carbon price, says economist Craig Alexander.
Prime Minister Justin Trudeau in October announced plans to institute a national minimum price on carbon beginning in 2018. Experts say the success of any pricing scheme in reducing emissions without harming growth rests on how the funds collected from the fee are spent.
The success of the Liberal government’s promised national carbon price largely rests on how the funds gleaned from the program are recycled back into the Canadian economy, though it remains possible to implement the fee without hindering growth, says economist Craig Alexander. “We can put a pri...

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