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October 04, 2016

Canada Announces National Carbon Pricing by 2018

On July 28, 2016, we wrote about the Government of Canada’s intention to propose a plan for national carbon pricing in the fall. At the time, many questions remained outstanding, such as: Is each province or territory required to put a price on carbon? If so, should each province or territory have its own pricing mechanism? Will the Government of Canada create a system binding on every province or territory? Prime Minister Trudeau has now provided answers as the Government announced pan-Canadian carbon pricing by 2018.

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