TD Economics Looks at the Impact of a National Carbon Price in Canada

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TD Economics Looks at the Impact of a National Carbon Price in Canada

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New @TD_Economics report: what are the opportunities & risks of a national #carbonprice in Canada? http://bit.ly/2hK9pgD
Thursday, December 15, 2016 - 12:00pm

CONTENT: Press Release

TORONTO, December 15, 2016 /3BL Media/ -- TD Economics has released a report that discusses the potential impacts of a national carbon price in Canada as the federal government continues to push towards one.

Highlights from the report, Canada-Wide Carbon Pricing Offers Opportunities, But Not Without Risks, include:

  • With the price of carbon emissions set to be at $10 per tonne in 2018, and rising by $10 every year to reach $50 by 2022, Canada will be a leader in carbon pricing in North America.
  • Revenues from the carbon price are expected to range from 1 percent to 3 percent of Canada's GDP – how they will recycle those revenues is critical.

To read the report visit www.td.com/economics

Keywords: Environment | Canada | Carbon Price | Economics | Research, Reports & Publications | TD Bank

CONTENT: Press Release