Canada’s Ontario government scraps cap-and

Katie Ramirez
July 7, 2018

Ford's Progressive Conservative government says it aims to reduce gasoline prices by 10 cents per litre and lower energy bills by "getting Ontario out of the carbon tax business".

The government said it would immediately start an orderly wind-down of all programs funded out of cap-and-trade carbon tax revenues but agreed to honour certain contracts that have already been signed.

"Every cent from the cap-and-trade slush fund is money that has been taken out of the pockets of Ontario families and businesses", Ford said in a written statement, adding he was fulfilling his election promise to scrap the Liberals' "cash grab" created to fund "big government programs" that "do nothing for the environment".

And Ontario businesses have bought close to $3 billion in permits under the cap-and-trade system - and now they are wondering if they will be compensated for those permits.

Some special offers such as discounts on energy-efficient renovations, for example, discount GreenON, which was also funded through a program of quotas, ceased its operation before joining Ford in the post last week.

Upcoming iPhones may have 5 new color versions
He expects the cheaper $699 LCD iPhone to account for 55 percent of the total sales when the 2018 iPhone series is first launched. Kuo estimated the 6.1-inch line would be priced around $700, or about P37,000, and resemble the iPhone X's design.

The premier said the government will decide on a case-by-case basis whether some initiatives previously funded by the program will be paid for using tax base revenue.

"The previous government attempted to institute a cap on ticket resales with no way to enforce that cap, resulting in less consumer protection", Ford spokesperson Simon Jeffries said in an email statement to the CBC. Keith Brooks, program director for the advocacy group Environmental Defence told Castanet Ford must first revoke or amend the regulation.

"Every cent spent from the cap-and-trade slush fund is money that has been taken out of the pockets of Ontario families and businesses", said Ford.

However, there's no indication of what the new government plans to do to curb skyrocketing ticket prices on resale websites.

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