Joint Statement on the Carbon Pricing Leadership Coalition

Canada News Wire
News release

Minister of Environment and Climate Change, the Honourable Catherine McKenna, issued the following joint statement with Canadian companies that are new private sector partners of the Carbon Pricing Leadership Coalition:

“Today (July 15), we have held highly productive discussions about the path toward significant reductions in greenhouse gas emissions in Canada. The common theme throughout was that carbon pricing is one of the most efficient ways to reduce emissions and stimulate the market to make investments in innovation, and to deploy low-carbon technology.

“World economies are shifting ýtowards cleaner, more sustainable growth, and Canada must keep up to stay competitive on the world stage. Canadian business leaders understand the opportunities associated with this shift. They know that a clean environment and a strong economy go hand-in-hand.

“Carbon pricing uses the market to drive clean investment decisions. It encourages innovation, and helps reduce emissions. The participation of the Canadian business community in the CPLC and in our collective efforts here in Canada will be instrumental as we work toward a pan-Canadian framework on clean growth and climate change that will reduce our emissions while ensuring that Canada takes full advantage of the opportunities associated with the emerging low-carbon economy.”

Catherine McKenna, Minister of Environment and Climate Change, Air Canada, Barrick Gold Corporation, BMO Financial Group, Canadian Tire Corporation, Carbon Engineering Ltd., Catalyst Paper Corporation, Cement Association of Canada, Cenovus Energy Inc., Desjardins Group, Enbridge Inc., IKEA Canada, Loblaw Companies Limited, Resolute Forest Products Inc., Royal Bank of Canada, Scotiabank, Shell Canada, Suncor Energy, TD Bank Group, Teck Resources Limited, TELUS, The Co-operators Group Limited, TransCanada Corporation, Unilever Canada Inc.

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