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

Canada Increasing Fossil Fuel Subsidies As U.S. Moves To End Them, Study Finds

2021-03-10

By Daniel Tencer The feds doled out about $1.9 billion to oil and gas companies in 2020. Canada tripled its federal subsidies to the oil and gas industry during the COVID-19

The die has been cast on Canada’s carbon tax. Now we just need the courage to implement it across the country

2021-01-21

MARK JACCARD Implementing effective climate policy is extremely difficult. Just ask any honest politician – if you can find one. Climate-sincere politicians must motivate us to phase out our gasoline

Is carbon pricing a burden on Canadian households?

2021-01-18

PATRICK BRETHOUR The federal Liberals’ main counterattack in the political jousting over carbon pricing has been that their carbon levy isn’t a cost burden for most households, with annual rebates

Reports

Comparing Stringency of Carbon Pricing Policies (Canada's Ecofiscal Commission)

2016-07-27

More stringent carbon pricing policy leads to greater emissions reductions. This report by Canada’s Ecofiscal Commission seeks to provide governments with a common, consistent framework for comparing the stringency of

Canada

Country indicators

News

Canada Increasing Fossil Fuel Subsidies As U.S. Moves To End Them, Study Finds

The die has been cast on Canada’s carbon tax. Now we just need the courage to implement it across the country

Is carbon pricing a burden on Canadian households?

Reports

Comparing Stringency of Carbon Pricing Policies (Canada's Ecofiscal Commission)

Policy Briefs

Subscribe Now

UN Environment

International Monetary Fund

GIZ