Saskatchewan Energy Minister Dustin Duncan scrums with reporters at the provincial legislature in Regina on Nov. 17, 2016. A study by the University of Regina says the federal carbon tax could potentially reduce Saskatchewan’s gross domestic product by almost $16 billion between 2019 and the end of 2030. The Canadian Press/Jennifer Graham
Carbon tax could pose costly drain on Saskatchewan economy
A study by the University of Regina says the federal carbon tax could potentially reduce Saskatchewan’s gross domestic product by almost $16 billion between 2019 and the end of 2030.
The study says even the most conservative scenario shows a carbon tax of $50 per tonne would reduce provincial GDP by 2.43 percent, or $1.8 billion annually.
