this post was submitted on 18 Feb 2024
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Isn't it true that Canadians receive a rebate to offset the average cost of the carbon tax, i.e. lower emitters actually come out ahead, while excessive emitters are the ones paying the most? What's the alternative plan for tackling climate change?
To me, printing your way out of a financial crisis, which is often out of the control of the Bank of Canada and the Goverment of Canada in the first place (see: global pandemic), is a feature, not a bug, of reserve banking. I think that Keynesian economics helped to mitigate the impacts of the 2008 sunprime lending crisis and the COVID-19 pandemic, in Canada.