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Cap-and-trade will cost Ontarians $8B in first years with minimal greenhouse gas reductions: auditor.


TORONTO — Ontario’s cap-and-trade program will cost the province’s consumers and businesses $8 billion dollars in its first years of operation to get minimal greenhouse gas reductions, the auditor general said Wednesday. In her annual report, Bonnie Lysyk said households will pay an average of $156 next year in added costs on gasoline and natural…

via Cap-and-trade will cost Ontarians $8B in first years with minimal greenhouse gas reductions: auditor — National Post – Top Stories

 

I can’t just pick one part of the Auditor General’s report on the way the Ontario Liberal Government has been slowly destroying this province but I think this is the main one we’ll be talking about for years to come…

When will Ontarians wake up to the deceit and lies being fed to us by this government and care enough to not vote them back in power.

I’ll translate the headline further: The Ontario Liberal government will be getting $8 billion dollars from you, and me, from taxpayers, from businesses, from seniors… from everyone in Ontario for nothing.

This $8 billion dollar tax windfall will pay for broken contracts, wasteful spending, overruns on transit projects, union contract negotiation payouts disguised as pizza, and other perks.  It will result in businesses being forced to close, families going hungry and unemployment.

Much like the high hydro rates have resulted in people using less hydro, which then resulted in hydro having to increase rates to make more money.  It just doesn’t pass the smell test.

If it doesn’t look good, and it doesn’t smell good, it isn’t going to taste good and that’s because it’s rotten.

The Auditor General said it…