Canadian Premier Urges Trudeau to Stop Carbon Price Hike

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Canadian Premier Urges Trudeau to Stop Carbon Price Hike
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Newfoundland and Labrador Premier Andrew Furey has called on Prime Minister Justin Trudeau to halt the planned carbon price increase, citing the affordability crisis faced by Canadians. Furey argues that the increase would worsen the financial strain on individuals and urges Trudeau to reconsider the policy.

Canada ’s only remaining Liberal provincial premier called on Prime Minister Justin Trudeau to stop his planned carbon price hike next month, saying its increase would compound the affordability crisis that his constituents and all Canadians are facing. In a letter sent to Mr. Trudeau on Tuesday, Newfoundland and Labrador Premier Andrew Furey asked the Prime Minister to rethink his policy, in the context of what he called the “most significant cost of living crisis in a generation.

” The federal carbon price is set to go up by $15 on April 1, from $65 to $80 per tonne. The federal charge is applied in all provinces except British Columbia and Quebec, which have their own provincial carbon pricing systems. Mr. Furey said the increase “is causing understandable worry as people consider how they will manage the mounting financial strain.” The Premier said increases to the carbon price should be paused until inflation subsides and interest rates are lowered. Mr

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Canada Liberal Premier Justin Trudeau Carbon Price Hike Affordability Crisis Newfoundland And Labrador Andrew Furey Cost Of Living Crisis Inflation Interest Rates

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