Dear John,

You may be familiar with our motto - “if it matters, we measure it.”

At no time is our work more important than when the government doesn’t release enough information on its own plans, leaving Canadians in the dark.

That is exactly what happened with the federal government’s plan to drastically raise the carbon tax – from its current level of $30 per tonne to $170 per tonne by 2030.

The Environment Minister was quick to claim that the increase would have “almost zero” impact on the economy, but his government didn’t provide any information to back that claim up.

That’s where the Fraser Institute comes in. Two weeks ago, we released the first independent, publicly available analysis of the estimated impacts of this higher carbon tax.

Far from “almost zero” impact, our analysis found that the increase will, in fact, have significant impacts on Canadians:

• Over 184,000 jobs lost nationwide
• A massive $37.8 billion decline in GDP
• Higher provincial and federal deficits
• Higher energy costs

This vitally important study received widespread coverage.

It reached millions of people online, generated dozens of news articles in various publications from coast-to-coast, and its authors appeared on radio stations right across the country.

The study even triggered a response from the Environment Minister himself, who didn’t dispute its findings!

Here at the Fraser Institute, our mission is to educate Canadians on the effects of public policy, so that they have the information they need to hold their governments accountable.

In these COVID times, when governments are spending well beyond their means and setting new precedents on a regular basis, I think you’ll agree that our work is more important than ever. Will you help us continue doing it?

The Fraser Institute doesn’t accept government grants – we rely entirely on supporters like you to keep us going and maintain our independence.

Did you know that our donors are entitled to charitable tax receipts? It’s true – if you donate you’ll get a tax deduction at tax time!

If you are able to, please consider making a donation to support our work today.

Thank you for your support.

Sincerely,

Niels Veldhuis
President