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Proposed U S , EU carbon tariffs could benefit Canada

Proposed U.S., EU carbon tariffs could benefit Canada By Aidan Chamandy. Published on Jul 16, 2021 5:07pm Finance Minister Chrystia Freeland with Paolo Gentiloni, the European Union s economy commissioner, at the meeting of the G20 on July 10 (Photo courtesy of @cafreeland) News that congressional Democrats in the U.S. are pushing for a tariff on exports from countries with high greenhouse-gas emissions could benefit Canada’s participation in a global effort to make international trade more climate-friendly. Environment Minister Jonathan Wilkinson told iPolitics in April that Canada would only adopt an import levy if the U.S adopts one too. The 2021 budget said the government would begin consulting key stakeholders and international partners on how to design and implement such a policy.

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