Ontario Cap-and-Trade Program Highlights

May 3, 2016 – Ontario to introduce a cap-and-trade program effective January 1, 2017. Under the program, the Ontario government is expected to generate proceeds in excess of $1.8 billion through the sale of carbon allowances and the program is expected to increase Ontario fuel prices.The Ontario program will link up with existing cap-and-trade programs in Quebec and California under the Western Climate Initiative. Read the highlights.