B.C.’s carbon tax has been in place since 2008. Initially set at a low price of $10 per tonne, it has since risen to $30. The tax raised $1.21 billion in fiscal year 2013/14. The tax is revenue-neutral, with revenues used to lower corporate and personal income taxes. Yet there have been recent calls from […]
Following the recommendations by its Climate Change Review Panel, the Alberta government is overhauling its climate change policy. A central part of this plan is the implementation of a carbon tax in 2017. Starting at $20/tonne in 2017 and increasing the $30/tonne in 2018, the tax is expected to raise $3 billion per year. With […]
The Ecofiscal Commission’s new report takes a look at how provinces could use revenues generated by a carbon tax or cap-and-trade system. In case you don’t have time to read the report in full, here are the essentials. Provinces are moving forward with carbon pricing to reduce their greenhouse gas emissions in a cost-effective way. […]
by Mark Purdon, David Houle and Blake Shaffer Our next report will explore the challenges and opportunities with different approaches to recycling revenues from carbon pricing. To better understand the trade-offs associated with each revenue recycling option, we commissioned a set of six papers authored by some of Canada’s leading policy thinkers. What are the […]
by Jean-François Wen Our next report will explore the challenges and opportunities with different approaches to recycling revenues from carbon pricing. To better understand the trade-offs associated with each revenue recycling option, we commissioned a set of six papers authored by some of Canada’s leading policy thinkers. What are the advantages of each option? Under […]
by Marc Lee Our next report will explore the challenges and opportunities with different approaches to recycling revenues from carbon pricing. To better understand the trade-offs associated with each revenue recycling option, we commissioned a set of six papers authored by some of Canada’s leading policy thinkers. What are the advantages of each option? Under […]