Canada

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

48,617.09

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

0.58

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

0.04

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

2.43

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

1.11

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

News

Clearing up the confusion on fossil fuel subsidies

2021-06-08

There has been a lot of talk lately about fossil fuel subsidies in Canada — and a lot of confusion. There have been different estimates thrown around regarding how many

Carbon taxes will have costly impact for Canadian farms

2021-06-08

The carbon tax will add about 11 cents per litre for gasoline and diesel next year, growing to almost 40 cents by 2030 In our last article we discussed the Supreme

In climate push, G7 agrees to stop international funding for coal

2021-05-25

In a communique the Group of Seven nations – the United States, Britain, Canada, France, Germany, Italy and Japan – plus the European Union said “international investments in unabated coal

Reports

Carbon Dividends Would Benefit Canadian Families (Canadians for Clean Prosperity)

2018-10-08

Canadians for Clean Prosperity, an organization that works to foster political support for market-based policies, released a study today showing that the vast majority of Canadian households, regardless of income

Public Cash for Oil and Gas: Mapping federal fiscal support for fossil fuels (IISD)

2018-09-25

This report by the International Institute for Sustainable Development (IISD) provides an update on Canadian federal subsidies for fossil fuel production. The report indicates that while overall fossil fuel subsidies

New poll shows Canadians want to end public subsidies for oil and gas companies (IISD)

2018-06-19

Despite this significant public opposition, Canadian governments continue to hand out billions of dollars in fossil fuel subsidies, without disclosing to the public the value of the financial supports and

Canada

Country indicators

News

Clearing up the confusion on fossil fuel subsidies

Carbon taxes will have costly impact for Canadian farms

In climate push, G7 agrees to stop international funding for coal

Reports

Carbon Dividends Would Benefit Canadian Families (Canadians for Clean Prosperity)

Public Cash for Oil and Gas: Mapping federal fiscal support for fossil fuels (IISD)

New poll shows Canadians want to end public subsidies for oil and gas companies (IISD)

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