Mr. Speaker, the Government of Canada has a collaborative relationship with the Parliamentary Budget Officer, or PBO. We always have and always will cooperate fully with the PBO’s requests, including by providing all the specific documents and information that respond to the parameters of his requests.
Environment and Climate Change Canada, or ECCC, like all departments in the government, routinely gives the PBO privileged access to data sets to support him in the creation of high-quality analysis.
These data sets are not analysis, they are raw data, and they can sometimes contain sensitive private data. They respond to a specific request for information from the PBO and do not represent any kind of comprehensive economic analysis.
Occasionally, data shared with the PBO may contain sensitive information that relates to specific companies. In order to protect their privacy and respect business confidentiality, such data must be managed in accordance with the Statistics Act.
ECCC recognizes the PBO’s discretion to release some or all of the information as he sees fit and trusts the PBO will manage the information he receives in accordance with his mandate and any relevant legal requirements. We have reviewed all of the data in the material that was released on June 13 and are confident that none of it is confidential and can therefore be disclosed publicly.
The PBO’s analysis of Canada’s carbon pollution pricing system confirms that the majority of households receive more in Canada Carbon Rebate payments than they face in direct costs due to pricing.
Climate change is imposing increasing costs on Canadians, and Canada has made an international commitment to tackling this global challenge.
The Government made the decision to place a price on pollution because it is widely recognized as the most cost-effective way of reducing carbon pollution that causes climate change. It reduces the pollution that drives more extreme climate impacts, and orients Canada’s economy to capture the advantages of a net zero transition.
Any comprehensive analysis of the economic benefits of carbon pricing would also need to include the financial investments that result in part from carbon pricing regimes. Putting a price on carbon pollution encourages businesses to find ways to be more efficient, invest in cleaner technologies, and shift toward cleaner energy sources.
The Government looks forward to receiving the PBO’s revised report in the fall and hopes it includes a more comprehensive analysis of carbon pricing that includes all the costs of climate change and the economic benefits of taking action to combat it.