Three myths about the 'clean economy'

The federal Liberals – starting with former prime minister Justin Trudeau and continuing under Mark Carney – sold their climate strategy to Canadians based on three myths.

First, that it would be a huge job creator.

Second, that Canada would hit the government’s industrial greenhouse gas emission reduction targets.

Third, that most Canadian households would be financially better off as a result.

To the contrary, a recent study by the fiscally conservative Fraser Institute estimates that over the past decade, the federal, Ontario, Quebec, Alberta and B.C. governments have spent or foregone revenues of $158 billion in inflation-adjusted 2024 dollars to create a mere 68,000 “clean energy” jobs.

That’s an estimated cost of $2.3 million per job.

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