October 23, 2018
Today, the Government of Canada announced further details on the federal carbon pollution pricing backstop: https://pm.gc.ca/eng/news/2018/10/23/government-canada-fighting-climate-change-price-pollution.
In October 2016, the Prime Minister announced the Pan-Canadian Approach to Pricing Carbon Pollution (the federal benchmark), which gave provinces and territories the flexibility to develop their own carbon pollution pricing system and outlined criteria all systems must meet to ensure they are stringent, fair, and efficient. The federal government also committed to implement a federal carbon pollution pricing system (the federal backstop) in provinces and territories that request it or do not have a carbon pollution pricing system that meets the federal benchmark.
Posted October 24, 2018