Federal carbon tax rebate a pragmatic solution to political impasse

  In a move designed to win over voters and frustrate conservative critics, the federal government announced today?a policy of universal tax rebates to offset the imposition of carbon pricing in Ontario, Manitoba, New Brunswick and Saskatchewan. The policy isn’t perfect from the perspective of either climate action or social…
Read more

Ontario’s cap-and-trade cancellation to leave $3 billion fiscal hole

The Ford government’s cancellation of Ontario’s cap-and-trade system will leave a $3 billion hole in the province’s books, according to a new report from Ontario’s Financial Accountability Officer (FAO), while simultaneously gutting programs designed to reduce greenhouse gas emissions. Yet the high-profile abdication of the province’s flagship environmental policy won’t…
Read more

Pipe Dreams: The risky bets behind Ottawa’s TMX purchase

The federal government’s decision, announced this morning, to purchase the existing Trans Mountain pipeline and the pipeline expansion project from Kinder Morgan for $4.5 billion is politically risky, economically perilous and, as we’ve said many times before, impossible to justify on environmental grounds. It all looks even worse when you…
Read more

How badly does the world need oil? Introducing the Fossil Fuel Dependence Index

The production and consumption of oil, gas and coal has been one of the primary drivers of global growth and development for more than a century. Unfortunately—and ironically—those same fuels are now the greatest threat to our future wellbeing and prosperity. Fossil fuels are the main source of human-made greenhouse…
Read more

Climate policy report card: how does your province measure up?

While governments in Canada are increasingly taking climate issues seriously, efforts to mitigate and adapt to climate change in Canada remain all over the map. Some governments are taking meaningful steps to reduce greenhouse gas emissions (GHGs) and build low-carbon economies, while others double down on environmentally-destructive resource extraction and…
Read more

PBO lukewarm on CETA in new impact assessment

A new study from the Office of the Parliamentary Budget Officer confirms the Canada-EU Comprehensive Economic and Trade Agreement (CETA) offers only modest benefits for Canada and may come with significant costs. The PBO impact assessment acknowledges its limitations. Firstly, if you’re concerned about labour, the environment, domestic sovereignty, government…
Read more