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Carbon pricing in Canada

Latest development

Finance Canada proposes CCUS tax-credit access for some enhanced oil recovery projects

Key takeaways

  • Canada's carbon-pricing debate has shifted from household fuel charges to industrial rules that now drive the largest climate and investment decisions.
  • The Ottawa-Alberta negotiation will help determine whether national minimum standards translate into a real carbon price for heavy emitters rather than a nominal one.
  • The next federal benchmark update will shape how Canada balances provincial flexibility, emissions credibility, and clean-energy investment certainty.

Timeline