Conservatives seek to revive carbon pricing carve-out, but Bloc unlikely to support
Global News
The carbon tax was one of the Conservative Party's main lines of attack against the Liberals during the first question period of 2024.
The housing crisis, clean-tech tax credits and carbon pricing were front and centre in the House of Commons on Monday, as MPs picked up where they left off — both in substance and in tone — when they rose for the Christmas break in December.
The Liberal government’s immediate focus is on debating and passing a bill to implement the promises in its fall economic statement. It includes a major tax credit for carbon capture and storage and additional money to stimulate housing construction.
Finance Minister Chrystia Freeland insisted Monday the bill is “making the math work for builders,” as the government battles against a cranky electorate that has seen housing prices skyrocket.
The Liberals also intend to move quickly this week to get the Ukraine free-trade bill back up for debate.
The legislation to implement an updated free-trade agreement between Canada and Ukraine became unexpected political fodder in the fall when the Conservatives voted against it in a protest against carbon pricing.
The agreement calls on both countries to promote carbon pricing. Canada’s system was created in 2019, while Ukraine has had a carbon price in effect since 2011.
Several Ukrainian organizations in Canada criticized the Conservatives for their vote against the bill. And the Liberals seized on it, accusing the Conservatives of bending to American right-wing commentators and politicians who are urging less support for Ukraine in its war against Russia.
The Conservatives say they stand with Ukraine and voted against the legislation solely because of carbon pricing.
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