Canada consults on proposal for border carbon adjustments

The Canadian Government is seeking feedback on environmental, economic and international engagement and trade considerations of potential border carbon adjustments, which is part of a larger global trend.

Stakeholders will have an opportunity to comment on potential border carbon adjustments in Canada. Canada's plan to explore border carbon adjustments is part of a larger global trend. For instance, the European Commission released a legislative proposal for a carbon border adjustment mechanism as part of a package of reforms, known as the "EU Green Deal" in July 2021. The first phase of consultations launched 5 August 2021, with the Department of Finance Canada holding discussions with the...

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Published Date: 25 August 2021