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carbon tax

Concept of carbon credits and net-zero emissions
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Why this MGA is betting on carbon insurance

April 9, 2024 by Jason Contant

Specialist insurance provider CFC has entered the voluntary carbon market (VCM) with the launch of a carbon delivery insurance product that safeguards the purchase of carbon credits. VCMs are decentralized markets in which individuals or organizations buy credits to voluntarily

Carbon tax protesters on the Trans Canada highway near Cochrane, Alta.
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Police investigate multi-tractor crash as carbon-levy protests continue in Alberta

April 3, 2024 The Canadian Press

Mounties in Alberta say they’re keeping traffic moving on the Trans-Canada Highway despite a roadside carbon-levy protest, and say five large farm tractors have already caused a multi-vehicle crash. Protesters slowed traffic on the Trans-Canada just west of Calgary on

Picture of a pipeline in Alberta
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Poilievre promises to build more pipelines, remove oil tanker ban in northern B.C.

March 4, 2022 The Canadian Press

REGINA – Ottawa-area MP Pierre Poilievre says he would repeal what he calls Prime Minister Justin Trudeau’s “anti-energy” laws if he becomes the next leader of the Conservatives. Pierre told a campaign stop in Regina that if he becomes party

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Manitoba sets carbon tax at $25 a tonne as Trudeau warns feds will impose price

October 30, 2017 Steve Lambert - THE CANADIAN PRESS

WINNIPEG – The federal and Manitoba governments moved closer to a clash over carbon pricing Friday, as Prime Minister Justin Trudeau said his government will impose a carbon tax in Manitoba if need be. “There will be a federal backstop

News Climate ChangeInsuranceLegislation / RegulationMergers and Aqcuisitions

Environment and Climate Change Canada releases technical paper on proposed federal carbon pricing options

May 19, 2017 by Canadian Underwriter

Environment and Climate Change Canada (ECCC) has released a technical paper outlining a proposed federal carbon pricing option for provinces that choose not to have their own system in place in 2018. A backgrounder from ECCC referenced the Pan-Canadian approach

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60% of Ontarians at least somewhat oppose cap and trade: Nanos Research poll

February 17, 2017 by Canadian Underwriter

A new province-wide poll has found that more than 60% of Ontarians at least somewhat oppose cap and trade, which is designed to help fight climate change and reward businesses that reduce their greenhouse gas emissions. The Nanos Research poll,

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Alberta minister says province ‘still standing’ on Day 2 of carbon tax

January 3, 2017 Rob Drinkwater - THE CANADIAN PRESS

EDMONTON – Alberta Environment Minister Shannon Phillips said the province was “still standing” a day after its carbon tax took effect, and Albertans who opposed the levy could start seeing rebate cheques within days. But Opposition Wildrose critic Don MacIntyre

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PM hails national climate change deal, but without Saskatchewan, Manitoba

December 11, 2016 Bruce Cheadle - THE CANADIAN PRESS

OTTAWA – Prime Minister Justin Trudeau declared victory Friday in his campaign to craft a national “framework” agreement on climate change – even though Saskatchewan and Manitoba refused to sign on to the deal and British Columbia claimed a major

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Carbon price won’t be deciding factor for oilsands development: report

November 23, 2016 Ian Bickis - THE CANADIAN PRESS

CALGARY – Alberta’s incoming carbon taxes will have a minimal effect on new oilsands development compared with oil prices and market access, says a new report. TD Bank economist Dina Ignjatovic said in the paper released Tuesday that if oil

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Alberta carbon plan to shrink GDP, but province expects long term growth

November 1, 2016 Dean Bennett - THE CANADIAN PRESS

EDMONTON – Alberta released estimates Monday showing its climate change plan will shrink the economy in the short term, but Environment Minister Shannon Phillips said the figures are a work in progress. The province estimates the economic impact of the

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Saskatchewan Premier announces province’s climate change plan

October 18, 2016 by Canadian Underwriter

Saskatchewan Premier Brad Wall has released the province’s Climate Change White Paper, calling for adaptation and innovation instead of taxation on carbon. “There are three approaches we can take to fighting climate change – adaptation, innovation and taxation,” Wall said

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B.C. unveils Climate Leadership Plan, plans to reduce GHGs by up to 25 million tonnes by 2050

August 22, 2016 by Canadian Underwriter

The government of British Columbia unveiled its Climate Leadership Plan on Friday, which it says will lead to the creation of up to 66,000 jobs over the next ten years and reduce net annual greenhouse gas emissions (GHGs) by up