Mr. Speaker, our government knows that it is possible to have a strong economy that also promotes and preserves a clean and healthy environment. We also know that pricing pollution is the most efficient way to reduce our emissions at the lowest cost to the economy. By pricing pollution, we can invest in a cleaner tomorrow for our kids, our grandkids and help Canada compete in an emerging global low-carbon economy. In fact, in 2017, the provinces with a price on carbon pollution also led the country in economic growth.
Experts similarly agree that pricing pollution is the most effective way to reduce our emissions. The 2018 Nobel Prize for Economic Sciences was awarded to William Nordhaus for his groundbreaking work on pollution pricing.
Proceeds from the federal system will be returned to the province or territory they came from. For provinces that have not committed to pricing carbon pollution, the federal government will return the majority of direct proceeds from the charge on fuel in the form of climate action incentive payments that will go directly to individuals and families in the province of origin. This will make life more affordable for families in provinces without their own provincial system in place, including Saskatchewan, Manitoba, Ontario and my home province of New Brunswick.
Proceeds from pricing carbon pollution can be used to support Canadians, grow the economy and protect the environment. We have seen that already in B.C., Alberta and Quebec. B.C. has reduced income and business taxes and provided northern and rural homeowners a benefit of up to $200 annually. Alberta provides rebates to low and middle-income households.
The costs of pricing carbon pollution for Canadians will be modest. We are talking about a few cents on a litre of gasoline in 2019, plus most households will get back more than they pay. For example, in Ontario, the estimated average cost impact for a household in 2019 is $244. That is less than the average climate action incentive payment of $307.
Under the federal system, the average cost impact for a household in New Brunswick is $202 in 2019, which is less than the corresponding average for climate action incentive payments, which is $248. What this demonstrates is that we can take concrete action to reduce our emissions and leave families better off.
A growing number of countries around the world are addressing climate change by putting a price on climate pollution. According to the World Bank, as of 2018, 70 jurisdictions, representing about half the global economy and more than a quarter of global GHG emissions, have implemented or are scheduled to implement carbon pollution pricing.
Carbon pricing is just one part of the national plan to tackle climate change and grow the economy. Our plan includes over 50 concrete measures, from policies, regulations, standards and investments, to achieve our goal.
In addition to putting a price on carbon pollution, the plan also includes complementary measures to reduce emissions, like regulations for electricity, vehicles and fuels. It also includes financial support, such as the low-carbon economy fund, which supports emissions-reduction projects across Canada.