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ARTICLE · 04 JUNE 2008

Environmental Measures In The Federal Budget 2008

On February 26, 2008, the federal Minister of Finance tabled Budget Plan 2008: Responsible Leadership ("Budget 2008") in the House of Commons.

CanadaConsumer Protection

On February 26, 2008, the federal Minister of Finance tabled Budget Plan 2008: Responsible Leadership ("Budget 2008") in the House of Commons.

Budget 2008 highlights regarding the environment are:

a) a determination by the federal government to set up a greenhouse gas ("GHG") emissions trading system by providing $66 million to set up a regulatory regime by 2010;

b) strong support for research on carbon capture and storage with an investment of $250 million;

c) support for Canada's nuclear energy industry, including Atomic Energy of Canada Limited ("AECL"), through an additional investment of $300 million, and

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