Expect more “tweaks” to come for Prime Minister Justin Trudeau’s carbon price backstop with the 2019 election fast approaching.
carbon pricing
Manitoba’s premier says the $50 federal carbon price would endanger his province’s economy.
Canada’s forecasted production of 2.8 million barrels a day this year is down 6.7 per cent from last year’s projection.
The list of made-in-Canada policies that have reduced our competitiveness is long and substantial.
Already across Canada, a significant number of households are in “energy poverty.”
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.
The theoretical or “ideal” carbon-pricing system has never been implemented.
According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.
In Ontario, the government expects to rake in $2 billion per year through its cap-and-trade program.
The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.