Environment committee  I think it's the outcome that matters, from an economic perspective, the consistent, harmonized carbon price across the country, which is the outcome that will minimize costs overall. That coordination could be achieved from the bottom up, between provinces coordinating with each

Environment committee  Thank you very much for the opportunity to speak to you today about carbon pricing. I represent Canada's Ecofiscal Commission, a group of leading economists from across the country. The Ecofiscal commissioners are also supported by an advisory board with representation from acros

Finance committee  I think there are clear benefits to putting in policy now rather than waiting. The longer you wait, the more expensive it's going to be to drive these changes. As to the specifics of exactly where the market is going, the great advantage to carbon pricing is that you don't need

Finance committee  Just because Mr. Kenney raised the report, I wanted to clarify that the point of a carbon price is to avoid regulations that impose those higher implicit carbon costs. Those high costs that Mr. Kenney alluded to would be potentially imposed by regulatory policies, by non-pricing

Finance committee  [Technical Difficulty—Editor] analysis explored how revenue recycling can address these issues for low-income households and found that using about 10% to 13% of the revenue generated from a carbon price would be sufficient to make the bottom 40% of households, in terms of income

Finance committee  There are no examples so far. That being said, the previously proposed Ontario plan, before the change in leadership, would have included a fully revenue-neutral carbon pricing policy with revenue used to reduce taxes. The Manitoba plan is also exploring that possibility.

Finance committee  Thank you very much for the opportunity to speak today. I represent Canada's Ecofiscal Commission. We are a panel of senior economists from across the country supported by a cross-partisan advisory board with representatives from industry, civil society, and perspectives across