CARBON QUICK FACTS

Provinces and territories will have flexibility in deciding how they implement carbon pricing: they can put a direct price on carbon pollution or they can adopt a cap-and-trade system.

Pricing will be based on greenhouse gas emissions and applied to a common and broad set of sources to ensure effectiveness.

The price on carbon pollution should start at a minimum of $10 per tonne in 2018 and rise by $10 a year to reach $50 per tonne in 2022.

The Government of Canada will provide a pricing system for provinces and territories that do not adopt one of the two systems by 2018. Revenues from carbon pricing will remain with provinces and territories of origin. Provinces and territories will use the revenues from this system as they see fit.The overall approach will be reviewed in 2022.