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Canadian Minister McKenna highlights initiative to support climate action

OTTAWA , March 4, 2019

Canadians know that pollution comes at a price. Carbon pricing is an integral part of Canada's plan to fight climate change and grow the economy. The pricing of carbon pollution is the most cost-effective way to reduce greenhouse gas emissions and stimulate investment in clean innovation.

Catherine McKenna, Minister of Environment and Climate Change, went to an Ottawa Canadian Tire today to introduce Ontarians to how to use their Incentive Payments for Climate Action, such as invest in items such as smart thermostats or energy-efficient LED lighting that will save money. In response to the payment of the Climate Change Incentive this year to Ontarians, Manitobans, New Brunswickers and Saskatchewanians, Canadian Tire is bringing practical, affordable energy-saving products to the forefront that help reduce emissions.

Under the federal carbon pricing system, all residents of Ontario , Manitoba , New Brunswick and Saskatchewan will receive a Climate Incentive Payment when they produce their tax returns this year. A family of four in Ontario will receive at least $ 307 in 2019.

"With the payment of the Climate Incentive, we are giving Canadians more money to help them reduce their emissions and make their cost of living more affordable. The Canadian Tire initiative is a great example of how Canadians can save money and reduce their emissions. "

- Catherine McKenna, Minister of Environment and Climate Change

Quick facts

In Ontario , Manitoba , New Brunswick and Saskatchewan , 90% of the funds raised through the federal carbon tax system will be paid directly to families through the payment of the Incentive to Act. for the climate, and 10% of funding will support municipalities, schools, universities, hospitals, Aboriginal groups and small businesses.Residents of Ontario , Manitoba , New Brunswick and Saskatchewan can claim the Climate Incentive as part of their 2018 income tax and benefit return.The government will provide an additional 10% Climate Incentive for people living in small communities and rural areas to reflect their increased energy needs and limited access to energy-efficient transportation options.

SOURCE Environment and Climate Change Canada

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