![]() ![]() "Moving forward, ensure that Canada will be able to not only meet, but exceed its obligations under the Paris agreement," he said on the latest episode of the West of Centre podcast. So the question that arises is: What might come next?Įnvironment Minister Jonathan Wilkinson told CBC's Kathleen Petty that now that jurisdictional issues have been settled, the next step is to implement the Liberal government's updated climate change plan announced in December 2020. Jason Kenney says Alberta didn't prep carbon tax fallback plan, was hoping to win in courtīut the ruling means the tax is now constitutional, and Ottawa will be able to ensure provinces and territories enact nationwide pricing standards on carbon.Kenney concerned carbon tax ruling enables future intrusions on provincial jurisdiction."We will continue to fight to defend our exclusive provincial power to regulate our resource industries," Kenney said during a press conference held Thursday. For more information, contact KPMG's National Tax Centre at legal challenges from Alberta, Saskatchewan and Ontario, the Supreme Court of Canada upheld the federal carbon tax in a 6-3 decision on Thursday.Īlberta, along with Saskatchewan and Ontario, had argued the carbon tax represented an unconstitutional intrusion on the rights of provinces, and Alberta Premier Jason Kenney said the province would consult with Albertans on the path forward. ![]() No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Information is current to December 5, 2022. Subject to any major changes to the provincial and territorial systems, an interim assessment will be conducted by the federal government in 2026 to confirm that the provincial and territorial systems continue to meet the benchmark criteria.įor more information, contact your local KPMG adviser. The federal government has confirmed that where the federal backstop applies in 2023 it will remain in place until at least the end of 2026. The government has confirmed that the proposed systems for British Columbia, Quebec, New Brunswick and the Northwest Territories each meet the updated federal benchmark, so that the federal backstop will not apply. As a result, the federal fuel charge will continue to apply in Alberta, Saskatchewan, Manitoba, Ontario, Yukon and Nunavut. Provinces and territories had until Septemto put forward a plan that met the revised benchmarks, or the federal system would apply. These benchmarks replace the 2018-2022 benchmarks and associated guidance. The update provides for a minimum price per tonne of carbon dioxide equivalent of $65 in 2023, with further increases of $15 per tonne per year, to $170 per tonne in 2030. The federal government announced an update to its carbon pricing benchmark in August 2021 that, among other changes, set out minimum national carbon pollution prices over the eight-year period beginning in 2023. These rules, which were introduced in 2018, apply in provinces and territories that do not have carbon pricing systems that meet the federal benchmark. The federal carbon pollution pricing backstop includes a fuel charge applied to fossil fuels, as well as an output-based pricing system for industrial facilities that emit greenhouse gases above a certain threshold. ![]()
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