The Budget Office in a report released Wednesday said the cost of climate credits promised to industries will cost taxpayers $10 billion more than the Trudeau Liberals initially calculated. 

“The Parliamentary Budget Office projects total fiscal costs of $103 billion over 2023 to 2035,” said the report.

The Canadian Electricity Association has estimated utility refits would cost $350 billion at ratepayers’ expense. The Department of Environment put costs at more than $400 billion.

“It is assumed the majority of costs incurred by electric utilities would be ultimately passed onto consumers,” the Department of Environment wrote in a statement August 10. 

Read:  Trudeau Liberals underestimated the cost of climate credits by $10B

Grave Error: How The Media Misled Us

Canadian academic and author Dr. Tom Flanagan discusses the false media narrative of 'unmarked graves' at a former Kamloops residential school. Tom's new book, Grave Error: How The Media Misled Us (and the Truth about Residential Schools), is a call to reason against the moral panic unleashed on May 27, 2021.

Buy the book "Grave Error" by Dr. Tom Flanagan

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