British Columbia's Carbon Tax Shift
The evidence from the past four years shows that BC sales of fuels subject to the tax have been dropping – in fact, the average British Columbian’s consumption of them has dropped 15.1% since 2008, while the rest of Canada’s per capita sales have increased by 1.3%. Over the same period, economic growth per capita has been consistent with growth in the rest of Canada. So far, the tax seems to have had a positive environmental impact without harming the economy.
Research Report Highlights