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Nov 18: Parl Budget Officer Yves Giroux. Carbon Tax & EV Battery Production Subsidies

Roy Green Show

English - November 18, 2023 22:36 - 13 minutes - ★★★★ - 3 ratings
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Previous Episode: Nov 18: Andrew Enns, VP Leger. Trudeau Liberals Dropping More Nationally.
Next Episode: Roy Green Show Podcast Nov 18: Yves Giroux, Carbon tax & EV battery Production, Andrew Enns, VP Leger. Trudeau Liberals Dropping More, Kelly Hrudey, Cdn NHL teams & Season Starts, Don Edwards, Parent's Killer Receives Parole Board Kid Glove Treatment

Parliamentary Budget Officer Yves Giroux released two reports:  

 Costing Support for EV Battery Manufacturing. PBO estimates the total cost of government support (subsidies) for EV battery manufacturing by Northvolt, Volkswagen and Stellantis-LGES to be $43.6 billion, $5.8 billion higher than the murky federal/ON/QC governments estimated costs of $37.7 billion.

 Pausing the fuel charge on heating oil and doubling the rural top-up rate for fuel charge rebates (carbon tax)

As well, the PBO expects the economy to 'stagnate' and federal deficit to balloon to $46.5B this year.
Guest: Yves Giroux. Parliamentary Budget Officer
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Parliamentary Budget Officer Yves Giroux released two reports:  


 Costing Support for EV Battery Manufacturing. PBO estimates the total cost of government support (subsidies) for EV battery manufacturing by Northvolt, Volkswagen and Stellantis-LGES to be $43.6 billion, $5.8 billion higher than the murky federal/ON/QC governments estimated costs of $37.7 billion.
 Pausing the fuel charge on heating oil and doubling the rural top-up rate for fuel charge rebates (carbon tax)

As well, the PBO expects the economy to 'stagnate' and federal deficit to balloon to $46.5B this year.

Guest: Yves Giroux. Parliamentary Budget Officer

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