Canada is crippling its economy and damaging its own competitiveness by imposing carbon taxes on Canadian manufacturing while importing products with massive carbon footprints from China without imposing similar taxes, says Gwyn Morgan, one of Canada’s foremost business executives.
“If you’re taxing something that’s already as clean as it could get, all you’re doing is increasing the price and the cost to consumers, industry, businesses, and manufacturing, and making the country less competitive,” said Morgan, founder of Canada’s largest energy company EnCana Corp., now Ovintiv Inc.