The Parliamentary Budget Officer’s revised report on the distributional impacts of the carbon levy was released yesterday, and lo, it reconfirmed that indeed most households are better off with the rebates than what they pay—most especially the bottom 40 percent of households by income. It also showed a much, much smaller impact on the overall economic impact when broken out per household, which is a significant change from his initial report, and what the Conservatives in particular weaponized. They still are—Question Period was full of those same figures being mendaciously framed as costing individual households when it’s talking about the impacts on GDP when broken out into the abstract figure of per-household costs, which is not how the economy works, and yes, any climate action is going to have an impact on GDP, but inaction is also going to have an even larger impact. But lying liars are going to lie about what these numbers mean, because nobody will actually explain the difference to them.
https://twitter.com/maxfawcett/status/1844402178200670530
This puts the lie to the claim made repeatedly by Conservatives — and endorsed recently by Jagmeet Singh — that economically vulnerable Canadians are hurt here.
No. The rich are hurt. The bottom 40% come out *ahead*. pic.twitter.com/4Aj6En97TN
— Max Fawcett 🇨🇦 (@maxfawcett) October 10, 2024
https://twitter.com/maxfawcett/status/1844402192742269299
With that in mind, take a look at the varied headlines, and guess the outlets:
- Corrected PBO report finds carbon tax leaves most Canadians worse off even as they get more back in rebates
- PBO releases updated carbon price report after previous error sparked controversy
- Canada’s budget watchdog re-ran the numbers on the carbon tax — here’s what it found
- Parliamentary watchdog compared the costs and benefits of Canada’s carbon levies. Here’s what he found
- Fuel charge leaves Canadian households worse off in economic terms, though not as much as was forecast: PBO
As you can gather, at least one of those headlines is incredibly misleading, and unsurprisingly, some were framing this in explicitly the same terms the Conservatives are.
https://twitter.com/acoyne/status/1844551195257446581
As well, Yves Giroux went back on Power & Politics to talk about his updated report, and thankfully David Cochrane gave him the gears for it, because he continues to refuse to take responsibility for the state of confusion and disinformation that his previous report has left the country and the political discourse in. I was also struck by the fact that he kept saying that these are the government’s own numbers—so what exactly is his office doing if they’re not independently coming up with their own figures as is the whole gods damned point of why the office was created? It just keeps reiterated how Giroux is completely unsuited for this job, and needs to resign because he’s clearly making the case for why this office needs to be abolished.
Oh, for Pete's sake. The PBO has to get out of the policy analysis business, because it clearly doesn't understand how policy analysis is done. https://t.co/eRjpy99ROl
— Stephen Gordon (@stephenfgordon) October 11, 2024
I cover #cdnpoli for a living. https://t.co/I0rodrsbPh
— Dale Smith (@journo_dale) October 10, 2024
Programming note: I am taking the full long weekend off, so have a good Thanksgiving, and I’ll see you on Wednesday.
Ukraine Dispatch
Overnight attacks by Russia and those into Thursday hit civilian and critical infrastructure in cities like Mykolaiv and Kherson. There is also fierce fighting in the strategic city of Toretsk as Russians increase pressure on the eastern front. Ukrainian forces hit an ammunition depot in a Russian airfield in the Adygeya region, about 450 km from the front line.
On Thursday morning, a fire strike was carried out on the "Khanskaya" airfield in the Republic of Adygea, #Russia, the General Staff of #Ukraine reported.
An ammunition depot located on the military facility's territory was hit. It is known that Su-34 and Su-27 aircraft were…
— UkraineWorld (@ukraine_world) October 10, 2024
⚡️A Russian missile strike on Odesa Oblast on Oct. 9 hit a civilian cargo ship containing 45 containers of packaged sunflower oil to be sent as humanitarian aid to Palestine, Ukraine's Agriculture Ministry said on Oct. 10.https://t.co/gdbskUP6Bi
— The Kyiv Independent (@KyivIndependent) October 10, 2024