Most Canadian Families Will See ‘Net Loss’ From Ottawa’s Carbon Tax: Parliamentary Budget Officer

Parliamentary Budget Officer Yves Giroux prepares to appear before the Senate Committee on Official Languages in Ottawa on June 13, 2022. The Canadian Press/Justin Tang

Ottawa’s carbon tax will result in a “net loss” to most Canadian households even after they receive federal rebates, according to a report by the Parliamentary Budget Officer (PBO).

“When both fiscal and economic impacts of the federal fuel charge are considered, we estimate that most households will see a net loss,” said PBO Yves Giroux in a statement on March 30 when announcing the release of the report.