SUBMISSION: Technical Paper on the Federal Carbon Pricing Backstop

The Business Council of BC supports a pan-Canadian strategy for managing our collective contributions to global GHG emissions. In the long-term, effective strategies must draw from and rely on Canada’s history of collaboration, cooperation, and respect for jurisdictions. At the same time, policymakers in Canada must exercise caution when implementing schemes that may directly or indirectly undermine the economic viability and competitiveness of industries required to grapple with escalating production and operating costs due to climate policy measures.