cover image: To Price or Not to Price: Canadian Climate Policy Dilemmas and Implications for Brussels and Washington

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To Price or Not to Price: Canadian Climate Policy Dilemmas and Implications for Brussels and Washington

16 Jan 2024

Pierre Poilievre, leader of the opposition Conservatives, has eclipsed Trudeau and his party in recent surveys, regularly pilloring carbon pricing as a major contributor to inflation, despite the head of the Bank of Canada indicating that any economic impact is minimal.7 Elections loom in either 2024 or 2025. [...] 1 Boyd and Rabe During the pandemic, the federal government looked the other way when several provinces reduced their local fuel taxes to offset the federal fuel charge, blunting the overall emissions impact. [...] 1 Boyd and Rabe carbon border adjustment under the United States-Mexico-Canada Agreement to US goods entering the country and open the door to exemption demands from south of its border. [...] In short, if Canada moves towards an American-style climate policy approach that eschews pricing, the hurdles to expanding or increasing the carbon pricing regime in the future will continue to mount both inside and outside the country’s borders. [...] The views of the authors are their own and are published by the Woodrow Wilson International Center for Scholars through its Canada Institute to promote greater awareness and insight on the United States’ neighbor and longstanding partner.
Pages
7
Published in
Canada