With our major trading partners, the United States and China, having recently ratified the Paris climate agreement, there is mounting pressure on Canada to come up with a plan to meet its emissions reduction targets. It’s time for Ottawa to take action and put in place a floor price on carbon nationwide.
If the goal is to reduce Canada’s carbon emissions in a way that causes the least amount of economic damage, a uniform price on carbon that applies across the entire country is the best option. A national carbon price has many advantages: It eliminates unproductive jockeying between provinces to attract business and doesn’t push firms across borders solely because of carbon price differentials………………………………………..Full Article: Source