a large series of off-ramps connecting a larger road network

What “demand is inelastic” actually means

Pollution

“A carbon tax does nothing for the environment.” “Road tolls won’t affect driving habits.” “Prices don’t matter when we’re using water for everyday life.” We hear these arguments frequently when discussing ecofiscal policies. Critics might even drop a little economics jargon. But that doesn’t mean these arguments are grounded in good economics. In this blog, […]

User fees for water and wastewater encourage wise behaviour

Water

Canadians are a water-loving people and are very proud of our freshwater resources. Canadians also benefit from world-class municipal water and wastewater services. These systems deliver clean drinking water to our taps and treat the wastewater that goes down our toilets and drains, and they are directly connected to the lakes, rivers and streams we […]

There’s probably more consensus on output-based pricing than you think

Climate and Energy

Meeting Canada’s climate targets in a way that is best for our economic prosperity requires broad policy that creates consistent incentives across all emissions in the economy, from individual households and small businesses to heavy industry. Output-based pricing must be a key part of that mix if Canada is to strike the right balance between […]