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TC Energy Corp
Symbol C : TRP
Shares Issued 928,788,976
Close 2019-07-12 C$ 66.04
Recent Sedar Documents

Suncor, others hear Globe pan Scheer's green plan

2019-07-12 06:48 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The Globe and Mail reports in its Friday edition that Conservative Party Leader Andrew Scheer's greenhouse gas reduction plan is not much of anything. A Globe editorial says on July 8, Mr. Scheer sent Prime Minister Justin Trudeau a letter accusing the Liberal Leader of imposing a "secret fuel tax." The centrepiece of the Conservative election platform is opposition to the federal carbon tax, or any carbon tax, anywhere, ever, in this galaxy or any other. Mr. Scheer's letter attacked future plans for fuel standards, of a type Canada has long had. Beginning in 2022, Canadian refiners will have to create gasoline that is 10 per cent to 12 per cent less carbon intensive, which in plain English means 10 per cent to 12 per cent less polluting for each kilometre driven. Mr. Scheer claimed these regulations will eventually cost Canadian drivers four cents a litre. If elected, he pledged to scrap them. The Globe says the Conservative environmental platform is a seriously unserious plan. Mr. Scheer is now saying that regulations lowering greenhouse gas emissions from your car's tailpipe are a "secret tax," and hence unacceptable. Mr. Scheer's secret is that his plan, whatever it is, will be paid taxes on Canadians.

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