The Impact of the Federal Carbon Tax on the Competitiveness of Canadian Industries

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Title: The Impact of the Federal Carbon Tax on the Competitiveness of Canadian Industries

Author: Ross McKitrick, Elmira Aliakbari, Ashley Stedman

Publisher: Fraser Institute

Date: August 22nd, 2019

Full Text Article

Summary:

With Canada’s federal carbon tax set to reach $50 per tonne in 2022 it is often argued that Canadian businesses will become less competitive as a result of higher energy costs. For this reason, firms may relocate to countries where climate-change policies are less stringent—a phenomenon known as carbon leakage

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