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ARTICLE · 15 DECEMBER 2015

Further Momentum On Cap And Trade

The Ontario government announced earlier this week the signing of an MOU between Ontario, Quebec, and Manitoba to link their respective cap and trade programmes.

CanadaEnvironment

The Ontario government announced earlier this week the signing of an MOU between Ontario, Quebec, and Manitoba to link their respective cap and trade programmes. The agreement was signed while the Premiers of the three provinces were participating in the Paris Conference on Climate change (COP21) that is wrapping up this week.

Manitoba is a new player to the burgeoning North American cap and trade market, announcing its programme just last week. Quebec launched its program back in 2013 (linking it, in 2014, to California's). Ontario announced its intention to initiate a cap and trade programme and link it with Quebec's in April 2015 ( released a draft proposal  for the programme at the end of November).

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