The Forecast, Issue 2

Evolving Canadian Business Regulations and Incentives Regarding Climate Change

On April 24, 2007 the Canadian federal government released the Regulatory Framework for Air Emissions, which sets out how the federal government intends to manage greenhouse gas (GHG) and other emissions between now and the year 2020. The framework serves as the foundation for more detailed air emission regulations starting in early 2008.

One key component of the framework is a set of intensity-based GHG reduction targets, a departure from reduction targets required under the Kyoto Protocol. While political opponents and environmental groups criticize the framework as not "going far enough," industry response has been favourable.

Learn what industries are affected by the framework and the implications for your company.

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