Canadian Taxes w/ Franco Terrazzano & Bethan Nodwell
Dive into the critical and timely discussion on Canada's upcoming tax changes, significantly the 23% increase in the carbon tax, with Franco Terrazzano, Federal Director of the Canadian Taxpayers Federation, and Bethan Nodwell. As April 1st approaches, Canadians are bracing for the carbon tax to rise to 14 cents per litre of gasoline and 12 cents per cubic metre of natural gas. This hike is part of a broader tax escalation that includes the alcohol escalator tax, which will see a 6.3% increase on the same day, alongside annual pay raises for MPs—a move criticized by many, including Terrazzano, for deepening the affordability crisis for Canadian families.
Terrazzano, with a rich background in economic policy analysis and advocacy for lower taxes, less waste, and accountable government, brings a wealth of knowledge and a sharp critique of the current tax landscape. This episode promises an in-depth exploration of the implications of these tax hikes on Canadian consumers and businesses, offering insights into the broader economic and social impacts of government policies on everyday Canadians.
Prepare to be engaged, informed, and perhaps even outraged as we unpack the complexities of Canada's fiscal policies, the rationale behind these increases, and the potential paths forward in a climate of rising living costs and economic uncertainty.
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