As Canada’s federal parties gear up for the upcoming federal election, one of the key issues on the campaign trail will be how Canada will meet its climate policy targets.
Several strategies exist to meet these targets, including: a border charge on imports, a border rebate for exports, a domestic output-based subsidy or a consumer-based carbon rebate like the Canada Carbon Rebate (CCR).
The CCR, introduced by Prime Minister Justin Trudeau’s administration to curb carbon emissions, is designed to offset the costs of carbon pricing by providing rebates to households.
