How Canada can tax carbon efficiently

Carbon tax should replace other, less efficient policies with the same objective and be offset by cuts in other taxes

How Canada can tax carbon efficientlyEconomists generally agree that imposing a price on greenhouse gas (GHG) emissions is the most efficient way to reduce them while minimizing the drawbacks associated with intervention. The devil, however, is in the details. And when you look at the details, the carbon pricing systems the federal and provincial governments of Canada have put in…

Alberta to pay a higher carbon tax than Quebec

Liberals “backstop” carbon-tax will lead to $30 a tonne next year for Alberta, 50% higher than the rate currently in place in Quebec

Alberta to pay a higher carbon tax than QuebecBy Jean Michaud and Germain Belzile Montreal Economic Institute New Alberta Premier Jason Kenney has vowed to repeal the provincial carbon levy implemented by the previous NDP government. That tax began in 2017 at $20 a tonne and rose to $30 a tonne before the NDP froze it in protest to delays over the Trans…

Quebec needs Alberta as much as Alberta needs Quebec

Premier-elect Jason Kenney’s outstretched hand should not be ignored by Quebec

Quebec needs Alberta as much as Alberta needs QuebecIn a speech following his election victory this week, Alberta premier-designate Jason Kenney extended a hand to Quebec, urging the province not to hinder the development of Alberta’s energy sector. We Quebecers should listen to him. Alberta needs Quebec in the same way that Quebec needs Alberta. Alberta is looking for outlets for its hydrocarbons.…