Alberta introduced an economy-wide carbon tax in 2017, which is
currently at $30 per tonne of and scheduled for gradual annual
increases over the near future. Alberta’s economy is much more
emissions-intensive than the economies of British Columbia, Ontario, and
Quebec, and this fact led the provincial government to provide rebates to
low-income households and to many large emitters in the industrial
sector.
In 2015, the federal government and most of the provinces signed the -
Pan-Canadian Framework for Clean Growth and Climate Change. An
important part of the Framework is the commitment by the federal
government to implement by 2019 a broad-based carbon price in any
province or territory that had not yet established its own carbon-pricing
policy. In the event that the federal “backstop” policy is implemented
within any jurisdiction, the federal government guarantees that all
revenues generated by the carbon price will remain within the province
or territory. As this book goes to press in the fall of 2018, it appears that a
price on GHG emissions will exist across the entire country (with slight
differences across provinces) by 2019.
2 In June 2017 U.S. President Donald Trump announced his intention to withdraw the United
States from the Paris Agreement before the end of 2020.
CO 2 e