Quote:
Originally Posted by WilsonFourTwo
There's the problem though......when the economy is strong, we're afraid to "Take the steam out of the economy". Realistically, there is never going to be a "Good" or "Right" time to implement change. We just have to do it (assuming we're committed to change).
I've seen this cycle a number of times over the past (say) 30 years. The only difference is that every time we dodge the issue, we make it harder and much more painful to deal with at the next opportunity.
If I had to pick a time to implement change, I would actually choose the beginning of an economic cycle. Creating the ground rules and letting the market build around them just seems (intuitively, to me) better than giving existing businesses a bunch of new rules mid-stream. Dunno.
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Perhaps...but as has been mentioned its pretty much a part of any parties agenda going forward and I am not advocating not doing it, but doing it ata a time when things are more stable. As good as Canada has weathered the recent meltdown, the country is still heavily tied to the US economy and that wont ever change. When the US finally starts to show solid signs of recovery, and only then, should something as large as C&T be implemented. Otherwise another fail of any magnitude combined with lost jobs because of the new "laws' could send canada into a major recession.
its just not necessary at this time to risk that IMO. Maybe I am overestimating the impact but every single thing I have read about the carbon tax system leads to massive job loss in the first couple years in any scenario...combined with much higher prices on consumer goods because of it and you have a very scary scenario.