Birdwatch Archive

Birdwatch Note

2023-11-01 00:17:42 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Bank of Canada governor Tiff Macklem said that eliminating the Carbon Tax would reduce inflation by 0.6 points, from 3.8% to 3.2%. 0.6 points / by 3.8 points x 100 = 15.789%, which does round to a 16% reduction in inflation if carbon taxes were eliminated. https://www.nationalobserver.com/2023/10/31/news/canadas-top-banker-dragged-carbon-tax-carveout-debate#:~:text=Even%20Bank%20of%20Canada%20governor,cent%20to%203.2%20per%20cent.

Written by 7BB4B8EE959E949BC6AE7015A00131E6C2ADE975B0030ABAABC2D07F21F7EAF3
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• noteAuthorParticipantId - 7BB4B8EE959E949BC6AE7015A00131E6C2ADE975B0030ABAABC2D07F21F7EAF3 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• Bank of Canada governor Tiff Macklem said that eliminating the Carbon Tax would reduce inflation by 0.6 points, from 3.8% to 3.2%. 0.6 points / by 3.8 points x 100 = 15.789%, which does round to a 16% reduction in inflation if carbon taxes were eliminated. https://www.nationalobserver.com/2023/10/31/news/canadas-top-banker-dragged-carbon-tax-carveout-debate#:~:text=Even%20Bank%20of%20Canada%20governor,cent%20to%203.2%20per%20cent.