Categories: BusinessCanadian NewsCanadian PressOntario NewsPolitics

Ontario cancelling cap and trade akin to pulling out of climate framework: feds

OTTAWA — The federal government sees Ontario’s cancellation of its cap and trade program as equivalent to withdrawing from the national climate change framework — and is reconsidering more than $400 million in funding as a result.

A spokeswoman for Environment Minister Catherine McKenna says the $420 million earmarked for Ontario under the Low Carbon Economy Leadership Fund is under review, since funding is contingent on agreeing to the framework, which includes imposing a carbon price.

Newly elected Ontario Premier Doug Ford has rescinded the previous Liberal government’s regulation that established the cap and trade program in 2017.

That has prompted Canada to immediately hit the brakes on Ontario’s portion of the $1.4-billion climate change fund.

In April, McKenna and former Ontario premier Kathleen Wynne signed a plan to provide $100 million to the Green Ontario Fund, which offered rebates to homeowners, business owners and farmers who make energy efficient upgrades to buildings and equipment.

McKenna’s spokeswoman says none of that $100 million had actually flowed yet, and likely won’t until the government is done re-evaluating the situation.

The Canadian Press


  • Canadians want a transparent Government, not one based on lies and sucker punches. Dictators are certainly not tolerated here either. We need our Country back, and it seems Ontario has spoken. Good job !

Published by
The Canadian Press
Tags: Kathleen Wynne

Recent Posts

  • Canadian News

Survey: almost 80% of Canadians oppose further gun control

According to the Globe and Mail, the Trudeau government’s plan to take away your guns has run into one major…

13 mins ago
  • Politics

Canada’s free health care comes at a cost

"Emergency Room wait times" should be an oxymoron, but they aren't. The contrast between the American system and the Canadian…

26 mins ago
  • Alberta News
  • Canadian News
  • Politics

UCP candidate gets blackmailed into resigning with comments about refugees and all-gender washrooms

Eva Kiryakos was threatened with social media posts she wrote about Germany's migrant problem and gender neutral washrooms forcing her…

2 hours ago
  • Politics

Is this Lil Caesars commercial anti-semitic?

Many of the commenters on the YouTube video believe that the commercial is anti-semitic.

3 hours ago
  • Politics

Grade 8 school book promotes trans ideology, rejects biology

Grade 8 students in classrooms across Nova Scotia are being taught about transgender issues using a school book that is…

3 hours ago
  • 2019 Election
  • Canadian News

Conservatives would win a minority government: Forum Research Poll

Poll suggests Conservative support is high among Albertans and the middle class while Liberals are more likely to get the…

5 hours ago