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Federal Carbon Tax Will Cause Recession: Ford

Ontario Premier Doug Ford says that the federal government's carbon tax will plunge the entire country into a prolonged economic recession.

During a speech at the Economic Club of Canada, the Ontario premier said there are already warning signs of difficult economic times ahead and a carbon tax will kill jobs and hurt productivity on a national scale.

"I'm here today to ring the warning bell that the risk of a carbon tax recession is very, very real," he said.

Ford’s Progressive Conservative government scrapped Ontario's cap-and-trade system after it was elected last spring, saying it was a "cash grab" that didn't help the environment and have since launched a legal challenge of the federal government's carbon pricing plan.

Ford said Ontario does not need a carbon tax to help it reach its emission targets, pointing to his government's new climate change plan introduced late last year. During his speech on Monday, Ford renewed his calls for Ottawa to abandon its plan to put a price on carbon.

"A carbon tax will be a total economic disaster, not only for our province, but for our entire country," he said. "There are already economic warning signs on the horizon."

Federal Environment Minister Catherine McKenna's office did not immediately respond to the Ontario premier’s comments.