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ARTICLE · 07 JULY 2008

Liberal Party Of Canada Introduces “Green Shift” Carbon Tax Plan

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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In the latest of a series of policy announcements aimed at answering the problems related to global warming, federal Liberal leader and leader of the Opposition Stephane Dion unveiled his party’s new Green Shift plan on Thursday, June 19, 2008.

CanadaEnvironment

Copyright 2008, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Environmental Law, July 2008

In the latest of a series of policy announcements aimed at answering the problems related to global warming, federal Liberal leader and leader of the Opposition Stephane Dion unveiled his party's new Green Shift plan on Thursday, June 19, 2008. The essence of the plan is to increase taxation on activities that use carbon – to the tune of C$15.4-billion – while decreasing taxes in other areas in order to stay "revenue neutral". While the final federal plan for dealing with these issues is far from clear, the Green Shift represents a new approach with far-reaching implications for all sectors of Canada. Some key points contained in the plan are summarized below.

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