Prime Minister Justin Trudeau has announced his government will set a “floor price” on carbon pollution of $10 a tonne in 2018, rising to $50 a tonne by 2022.
The news came Monday morning as debate got underway in the House of Commons over whether Canada should ratify the Paris accord on climate change.
Trudeau says provinces and territories will have the option of either putting a direct price on carbon, as Alberta is doing with its carbon tax, or implementing a cap-and-trade system that is stringent enough to meet or exceed the federal target.
Also Monday provincial environment ministers kicked off a meeting in Montreal with federal counterpart Catherine McKenna to hash out an agreement over carbon pricing.
Saskatchewan is maintaining it can’t currently afford a carbon tax. Yukon’s environment minister says the three northern territories all object to the plan as well.
Alberta’s carbon tax is set to take effect January 1st, starting at $20 a tonne. It will rise to $30 in 2018.