Carbon pricing in Canada can be confusing for both new entrants to the market and established players. Part of this comes from Canada’s patchwork system and mix of different rules across the country. Adding to the complexity is the fact that the Greenhouse Gas Pollution Pricing Act (“GGPPA”) acts as a “backstop” if provincial/territorial legislation is not strict enough!
Businesses need to be aware of multiple different rules – federal (under the GGPPA, which applies in the so-called “listed provinces” outlined below) and provincial/territorial (if applicable to the particular jurisdiction in which they are operating). Figuring out where one has to register is just the first step!