This year will be the year for implementation of a federal carbon tax program. Ontario will be subject to the plan unless the proposed Made-in-Ontario solution is deemed comparable by the government or the province is successful in its bid against a carbon tax at the Ontario Court of Appeal.
While it's an issue that has not been settled, we do know that the Federal Carbon Tax Plan will come into effect April 1, 2019. Saskatchewan, Manitoba, and New Brunswick are also fighting the federal plan. The Made-in-Ontario Plan is in the consultation phase until January 28th and will then continue through the process toward becoming legislation. The chart is an opportunity to see some of key points side-by-side. While both hope to achieve similar goals they use and/or propose very different methods to reach those goals. For Peterborough, there are a few key pieces in both. In the provincial plan there is dedicated opportunity to invent, invest and promote clean technologies - think Cleantech Commons. The federal government has several options for innovation and there is potential to see more. Comments are closed.
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AuthorThe Peterborough and the Kawarthas Chamber of Commerce acts as a catalyst to enhance business growth, opportunity, innovation, partnerships and a diverse business community. Archives
October 2024
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