Touring the Landmark Homes prefabrication facility for efficient NetZero homes in Edmonton with the Hon. Catherine McKenna, Minister of Environment and Climate Change.
The Government of Canada is committed to creating a cleaner, more innovative economy that reduces emissions and protects our environment, while creating well-paying jobs for the middle class and those working hard to join it.
That is why, after decades of inaction and years of lost opportunities, we are finally taking concrete steps to protect our planet for our children and grandchildren.
Our Government recently proposed its pan-Canadian approach to pricing carbon pollution. Under the new plan, all Canadian jurisdictions will have pricing for carbon pollution in place by 2018. To facilitate this, the government will set a benchmark for pricing carbon pollution – set at a level that will help Canada meet its greenhouse gas emission targets, while providing greater certainty and predictability to Canadian businesses.
Provinces and territories will have flexibility in deciding how to implement the pricing of carbon pollution: they can put a direct price on carbon pollution or they can adopt a cap-and-trade system. The government proposes that in provinces and territories with a direct price on carbon pollution, the price should start at a minimum of $10 per tonne in 2018, rising by $10 each year to $50 per tonne in 2022.
The provinces and territories decide how to use this money. For example, they can give it back to families, build rapid transit, or support small businesses that will innovate and create good jobs for Canadians.
Pricing carbon pollution will give Canada an edge in building a clean-growth economy; will make Canadian businesses more innovative and competitive; will bring new and exciting job prospects for middle-class Canadians; and will reduce the pollution that threatens our clean air and oceans, as well as Canadians.
“We support a broad-based price on carbon as an important tool to reduce greenhouse gas emissions in the fight against climate change. And we will continue to participate in this important policy discussion.”Suncor
“…balancing Canadian economic development while protecting the environment will be enabled by a reasonable price on carbon…”Michael CrothersPresident, Shell Canada
“As you might have heard, Canada is in the midst of a national conversation on climate policies and carbon pricing. To be clear, pricing carbon is a good idea.”Preston ManningConservative Canadian Politican
“This climate policy makes economic and environmental sense. A rising, Canada-wide carbon price is the most cost-effective way to reduce emissions, spur private investment, and stimulate clean innovation across the economy…”John StackhouseSenior Vice-President, RBC
“As most free-market economists recognize, the most effective way to reduce emissions is to price them through a carbon fee or carbon trading system, and let the market find the least costly path to reducing emissions.”Mark CameronFormer policy advisor to Prime Minister Stephen Harper