Economist gives thumbs up to Dion's green plan
A prominent Canadian economist says Stephane Dion's "Green Shift" carbon tax plan is "a good start" that will leave the general Canadian taxpayer "better off."
"The idea itself is very sensible," Don Drummond, the chief economist at TD Bank, told CTV's Canada AM on Friday.
Drummond said that "in most cases" the average Canadian will "be better off" because of income tax breaks and additional federal benefits included in the plan. He also noted that the Liberal plan also addresses a "bizarre situation" on energy taxes.
"We have a fairly stiff tax on gasoline. We have a lower level tax on aviation and diesel. But we have no tax of other pollutants from energy (such as coal). So, it levels the playing field," he said.
Put that in your hysteria pipe and smoke it.