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Title : Trumponomics Sweeps Ontario, Canada -- July 6, 2018
link : Trumponomics Sweeps Ontario, Canada -- July 6, 2018

Trumponomics Sweeps Ontario, Canada -- July 6, 2018

Trans Mountain Pipeline: presses on.

Ontario's premier: "cap and trade" nothing more than a cash grab -- wow -- yes, that Ontario; capital city, Toronto

• the premier says the province will end its cap-and-trade program
• said it was nothing more than a government cash grab that did not help the environment
• "taxes suck, even if they have a bogus feel-good rationale"

If you do't trust that link, then this is the Reuters link, and if you can't trust Reuters, who can you trust?

• the newly elected Ontario government announced on Tuesday it would end the province’s cap-and-trade program, a policy designed to reduce greenhouse gas emissions, fulfilling one of Premier Doug Ford’s election promises
• it leaves businesses that bought C$2.8 billion ($2.1 billion) worth of allowances in limbo
• Ford’s Progressive Conservative government swept to power last month, ending 15 years of Liberal rule in Ontario, Canada’s most populous province and the country’s economic engine, with a promise to cut corporate and personal taxes
• the government said it would immediately start an orderly wind-down of all programs funded out of cap-and-trade carbon tax revenues but agreed to honour certain contracts that have already been signed

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Fact-Checking Reuters

https://ift.tt/2dZyQXu

Thus Article Trumponomics Sweeps Ontario, Canada -- July 6, 2018

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