The new numbers have been in development for months but come after a recent report from the parliamentary budget officer on the economic costs of the carbon price. That report did not specifically equate the cost of the price on carbon to the costs of climate change itself.
As the federal government readies its spring budget, a climate group is urging Ottawa to pursue a "made-in-Canada" response to U.S. clean energy incentives.
A private member’s bill that would exempt certain agricultural activities from the federal carbon price is heading back to the House of Commons with a few changes.
Most Canadians are worried about climate change and believe it is caused by humans, but the regional differences in how people responded to that question show the political battles over the environment are still going strong, a new poll suggests.
The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this decade.
The federal government has no immediate plans to cut prices at the pump by offering Canadians a temporary reprieve from the federal gas tax, Natural Resources Minister Jonathan Wilkinson said on Tuesday, June 21, 2022.
Environment Minister Steven Guilbeault is creating Canada’s first carbon offset market to help big industry in its quest to cut its greenhouse gas emissions.