Parallel Paths – 5.6 Summary: A Transitional Policy for Canada
The policy option considered in this chapter achieves the main goals of this study:
- To set Canada on a path toward achieving deep, long-term emission reductions at least cost, no matter what policy choices are made in the U.S.; and
- To minimize adverse national, regional, and sectoral impacts from U.S. and Canadian climate policy as much as possible. The option would achieve real emission reductions.
This made-in-Canada Transitional Policy Option presents an opportunity for Canada to lead responsibly on climate policy, ensure appropriate harmonization with the United States, build on existing federal and provincial / territorial policy approaches, and manage both environmental and economic risks for Canadians.