Birdwatch Note Rating
2023-11-01 06:22:02 UTC - HELPFUL
Rated by Participant: DE3A85E87056046C4DD9EC971E22D207E9398967D47785B1E91BA486DE2CCE21
Participant Details
Original Note:
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.
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