Originally Posted by
wolfchild
I don't care how beautiful Vancouver is or how many bike lanes they have, that city is just too expensive to live in...LCF may be a necessity for many people in Vancouver because the cost of living is so high. One of the reasons why it's expensive to live there is because British Columbia implemented that damn carbon tax few years ago and the cost of living just shot up.
No, I don't know where you got that idea. The carbon tax has had a fairly minimal impact: it's province wide, but the cost of living didn't skyrocket all over the province. And, by law it's revenue neutral (other taxes must be cut commensurate with any monies collected through the carbon tax). In fact, check out this article from a couple of years ago on the topic:
The shocking truth about B.C.?s carbon tax: It works - The Globe and Mail
The carbon tax may very well have lowered the cost of living for many people and businesses:
"..The result is that taxpayers are coming out ahead. B.C. now has the lowest personal income tax rate in Canada (with additional cuts benefiting low-income and rural residents) and one of the lowest corporate rates in North America. "
Vancouver is insanely expensive because the cost of property is insanely expensive. That's got to do with global demand, not carbon taxes.