A carbon tax will hurt the economy, but that doesn’t mean it isn’t the right policy

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Open this photo in gallery: Anti-carbon tax protesters wave signs and chant slogans as they block a westbound lane of the Trans Canada highway near Cochrane, Alta., on April 1, 2024.Jeff McIntosh/The Canadian Press Claude Lavoie was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023. He has represented Canada at Organization for Economic Co-operation and Development meetings. Let’s be honest: A carbon tax will hurt the economy, and Canada reducing its emissions will not do much for climate change. But we should also do our part, and carbon pricing is the option...