cap-and-trade system

Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected.

There is a clash of wills growing in Atlantic Canada over two new climate policies that take effect this weekend, with premiers demanding Ottawa put the brakes on the plan and the federal government accusing them of playing politics with the planet.

The federal environment minister on Thursday, September 1, 2022, rejected a request from the premiers of Atlantic Canada for an extension to the deadline to submit their plans to tackle carbon emissions.

The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this decade.

The Ontario Liberals promised Tuesday to cut greenhouse gas emissions by strengthening standards for industry, banning new natural gas plants, providing electric vehicle rebates and offering grants for eco-friendly renovations.

Doug Ford is pitching Ontario as the next electric vehicle manufacturing powerhouse, seemingly a far cry from the premier who three years ago cancelled incentives for people to buy them.

Ontario's years-long battle with Ottawa over the federal carbon tax came to an end on Thursday, March 25, 2021, when the country's top court ruled the national price on pollution was constitutional.

Ontario's New Democrats say they would create a new cap-and-trade carbon pricing system if elected in 2022.

As of Jan. 1, 2020, every Canadian and all Canadian businesses are paying a price on carbon.

When Ljiljana Latkovic was named to the council governing Quebec's multibillion-dollar green fund in 2017, she thought she was going to use her science background to help choose projects aimed at fighting climate change.

Prince Edward Island and Quebec have joined as interveners in Saskatchewan's legal challenge of the federal carbon tax.

Premier Doug Ford ratcheted up his rhetoric on Ottawa's climate change plan on Monday, January 21, 2019, warning that the carbon tax will plunge the country into recession — a claim disputed by experts and the federal government.

Doug Ford is marking his first 100 days as Ontario's premier with a rally at the heart of the so-called Ford Nation, the west Toronto area where he and his family cut their political teeth.

Brian Pallister's abrupt about-face on a carbon tax came after the Manitoba premier felt like he was being used as a prop by Ottawa, and sources say it was a surprise to most in his own caucus.

Ontario residents, and not the newly elected Progressive Conservative government, will receive the proceeds of a carbon price imposed on the province by the federal government, Prime Minister Justin Trudeau said on Thursday, July 5, 2018.