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ARTICLE · 17 NOVEMBER 2025

Budget 2025: What It Means For Canadian Carbon

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Canada Strong: Budget 2025 discusses the government's Climate Competitiveness Strategy which focuses on creating conditions for investments to be made in building an affordable...

CanadaEnergy and Natural Resources
Scott Masson
Scott Masson
Brooke Noel, CPA
Brooke Noel, CPA
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Canada Strong: Budget 2025 discusses the government's Climate Competitiveness Strategy which focuses on creating conditions for investments to be made in building an affordable net-zero future for Canadian businesses. The Climate Competitiveness Strategy aims to focus on implementing industrial carbon pricing, a streamlined regulatory environment and tax incentives with the goal of accelerating investment and driving down emissions in key sectors.

Industrial carbon pricing system

Budget 2025 focuses on the development of a post-2030 carbon pricing trajectory plan, improving the application of an industrial carbon pricing benchmark and continuing the use of carbon contracts for difference. Budget 2025 signals that the government intends to continue to make its Climate Competitiveness Strategy, which includes the industrial carbon pricing system, a key focus going forward.

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