In our previous article “Sustainable finance and carbon market: An overview,” we introduced sustainable finance and provided an overview on carbon financing. In this article, we will focus on the Canadian carbon compliance market set by carbon pricing rules at the Canadian federal level. We wish to highlight that the following applies to large industrial facilities emitting 50,000 tonnes or more of CO2e (carbon dioxide equivalent) annually, as well as facilities that have opted into the Output-Based Pricing System (OBPS) (to be defined and described below).
The Federal Court and the Trademarks Opposition Board have taken a non-technical approach to considering the scope of the ground of opposition. (101217990 Saskatchewan Ltd (District Brewing Company) v. Lost Craft Inc. 2022 FC 125).
It is difficult currently to open the daily newspaper or scroll through social media channels without seeing the words emissions trading, carbon finance, cap and trade and the carbon markets referenced within those pages.
The Federal Court of Canada has highlighted the “exception to the general rule” in section 108(4) of the Immigration and Refugee Protection Act, ruling that a Liberian woman’s pre-removal risk assessment (PRRA) must be reconsidered by another officer as the first reviewing officer’s “failure to consider the issue of compelling reasons rendered the decision unreasonable.”
The federal government has opened consultations on capping and cutting emissions from the oil and gas sector as outlined in its 2030 Emissions Reduction Plan, Environment and Climate Change Canada has announced.