Integrating Ontario’s carbon pollution pricing system for large industrial emitters with the federal fuel charge

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the release of draft regulatory proposals under the Greenhouse Gas Pollution Pricing Act, that integrate Ontario’s Emissions Performance Standards (EPS) facilities with the federal fuel charge, for 2022. This allows Ontario’s EPS facilities to register as an emitter, allowing them to obtain fuel without the federal fuel charge applying, given they will be subject to the provincial system. Output-based pricing systems like Ontario’s or the federal government’s ensure that as we move towards a net-zero emissions economy, we are protecting the competitiveness of Canadian businesses and supporting good jobs.