Canada
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News

Canadian taxpayers have spent at least $23B on pipeline subsidies and supports since 2018: report
As calls to end government subsidies of fossil fuels grow in intensity, a new report finds that Canadian governments have allocated billions of taxpayer dollars to building and expanding new pipelines in the past year alone.

WTO Informal Dialogue Calls for Ministerial Declaration on Plastics
The Informal Dialogue on Plastics Pollution and Environmentally Sustainable Plastics Trade currently has 16 co-sponsors. Ambassador Chad Blackman of Barbados, one of the Dialogue’s co-coordinators, said the 21 June discussions

Canada is showing the world how carbon pricing should be done: Nobel-prize winning economist William Nordhaus
The Canadian government has proposed spending billions of dollars to fight climate change. Will it be enough?
Reports

Leveraging Payments for Ecosystem Services: Poplar River First Nation leads the way with innovative conservation (IISD)
The Poplar River First Nation (PRFN) community wants to maximize the potential of nature-based solutions to support climate and biodiversity co-benefits and create positive socioeconomic outcomes. PRFN’s successes could spur

Canada’s Federal Fossil Fuel Subsidies in 2020 (IISD)
Canada has announced plans to achieve net-zero emissions by 2050 but is currently not on track to meet its 2030 emissions reduction target. Meanwhile, fossil fuel subsidies undermine federal action

Canada’s Ecofiscal Commission critiques new study for “overestimating effects of carbon pricing”
5 November 2019: This week the Conference Board of Canada released an analysis of the impacts of carbon pricing on Canadian industry called Tipping the Scales: Assessing carbon competitiveness and
Policy Briefs

Carbon taxation and inflation: Evidence from Europe and Canada
Model-based studies on the effect of carbon taxation point to sizeable inflationary effects. This column uses evidence from Canada and Europe over the past three decades to show that carbon taxes changed relative prices but did not increase the overall price level. Instead, they were slightly deflationary. Income compression was most pronounced among the richest households, suggesting that the redistribution scheme achieved its intended aim of favouring low-income households.

Economic Tools for Increasing Nature Conservation on Private Land (SPI)
This brief by the Smart Policy Institute (SPI) explores policy tools that can help protect ecosystem services for public benefit while ensuring viable livelihoods for private landowners. Available tools include

Economic Instruments for Protecting Species at Risk on Private Land (SPI)
Many species at risk are found on private land which presents a unique challenge compared to protection on public land. This Policy Brief by the Smart Prosperity Institute (SPI) focuses