Finance committee  Yes, absolutely. I have a precise figure for the cost of inaction. It's $21 billion to $43 billion per year by 2050, according to 2011 estimates from the National Round Table on the Environment and the Economy. It is substantial. In the study that Environment Canada published

Finance committee  I can only point to a figure that was stated earlier by Dale Beugin, which says that 10% to 12% of carbon pricing revenue is sufficient to address fairness and equity concerns for the bottom 40% of households in Canada. If I may, I keep hearing the $200 to $300 figure. Is this f

Finance committee  Right.

Finance committee  Is that if we were to meet our Paris targets through only a carbon tax?

Finance committee  But no other measure, which we are not suggesting.

Finance committee  Yes. In terms of making sure that the public understands and accepts the plan to put a price on carbon, we just have to explain how it works, rather than exploiting unbalanced information for one’s own purely political advantage. I would say that we agree with the polluter-pay

Finance committee  Personally, I would not want to have Trump as my role model.

Finance committee  I would say that regardless of Trump's decision to withdraw from the Paris Agreement, which he cannot do until one day after the next election, there's an initiative in the United States called “We Are Still In”, which is a gathering of private and public sector organizations and

Finance committee  There are many elements that will influence competitiveness of any industrial sector, and the federal government's backstop does provide a measure, through the output-based pricing system, that protects these industries against one element, which is a difference in carbon price b

Finance committee  We do want to address these competitiveness issues. However, I don't think that the federal carbon pricing backstop should address intra-jurisdictional competitiveness issues. It is a challenge to address those issues with our foreign competitors. We are still in the process of d

Finance committee  Thank you. I just wanted to add something to this conversation on the impact of carbon pricing through the regional and greenhouse gas initiative. This was a cap-and-trade program that was put in place in 2009 in the northeastern United States. It joined nine member states. Inte

Finance committee  I'd like to thank the committee for the invitation to appear today. I'm Isabelle Turcotte, senior analyst at the Pembina Institute. We're a national non-partisan think tank that advocates for effective and strong policies to support Canada's clean energy transition, and we've bee