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ARTICLE · 02 JUNE 2017

Canada Publishes Technical Paper, Reveals Federal Carbon Pricing Plan

Blake, Cassels & Graydon LLP
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On May 18, 2017, Environment and Climate Change Canada released the Technical Paper on the Federal Carbon Pricing Backstop, which provides an overview of the prospective federal carbon emissions...

CanadaEnergy and Natural Resources

On May 18, 2017, Environment and Climate Change Canada released the Technical Paper on the Federal Carbon Pricing Backstop (Technical Paper), which provides an overview of the prospective federal carbon emissions pricing system and insights on how the federal carbon price will take shape.

Canadian stakeholders, businesses and the public have been invited to provide comments on the Technical Paper until June 30, 2017. It is expected that the introduction of new federal legislation and regulations will follow this consultative process.

The Technical Paper follows the publication of the Pan-Canadian Framework on Clean Growth and Climate Change (Pan-Canadian Framework) in December 2016. A central element of the Pan-Canadian Framework and the federal government's approach to addressing climate change is the commitment to pricing carbon emissions across the country by 2018, with increasing stringency over time, while providing provinces and territories flexibility

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