Madam Speaker, carbon pricing, as we know, is the key to any credible climate plan because it is a cost-effective way to significantly reduce pollution while driving clean innovation and creating new jobs. A price on carbon creates a powerful incentive to cut pollution. It encourages people and businesses to save money by making cleaner choices like better insulating their homes or upgrading to more efficient equipment.
Carbon pricing is a foundation of Canada's clean growth and climate action plan. Four out of five Canadians live in jurisdictions that are already pricing carbon pollution today. By ensuring all parts of Canada price pollution at the same standard, we will help ensure we drive down our emissions and grow our economy.