Prime Minister Trudeau Announces National Carbon Tax

October 4: Mississauga Board of Trade (MBOT) reports that Prime Minister Justin Trudeau said that the federal government will impose a carbon pricing regime on any province that does not implement one of its own by 2018.

A tough-talking Trudeau told MPs in the House of Commons that provinces can craft a cap-and-trade system or put a direct price on carbon pollution — but it must meet the federal benchmark or “floor price.”

The Prime Minister made the announcement in leading off parliamentary debate on the Paris climate change agreement Monday, making the case for Canada to cut greenhouse gas emissions by 30 per cent from 2005 levels by 2030.

Trudeau said the proposed price on carbon dioxide pollution should start at a minimum of $10 a tonne in 2018, rising by $10 each year to $50 a tonne by 2022.