Joint Statement on the Carbon Pricing Leadership Coalition

“Today, we have held highly productive discussions about the path toward significant reductions in greenhouse gas emissions in Canada. The common theme throughout was that carbon pricing is one of the most efficient ways to reduce emissions and stimulate the market to make investments in innovation, and to deploy low-carbon technology.

“World economies are shifting ‎towards cleaner, more sustainable growth, and Canada must keep up to stay competitive on the world stage. Canadian business leaders understand the opportunities associated with this shift. They know that a clean environment and a strong economy go hand-in-hand.

“Carbon pricing uses the market to drive clean investment decisions. It encourages innovation, and helps reduce emissions. The participation of the Canadian business community in the CPLC and in our collective efforts here in Canada will be instrumental as we work toward a pan-Canadian framework on clean growth and climate change that will reduce our emissions while ensuring that Canada takes full advantage of the opportunities associated with the emerging low-carbon economy.”

Signed,

Catherine McKenna, Minister of Environment and Climate Change
Air Canada
Barrick Gold Corporation
BMO Financial Group
Canadian Tire Corporation
Carbon Engineering Ltd.
Catalyst Paper Corporation
Cement Association of Canada
Cenovus Energy Inc.
Desjardins Group
Enbridge Inc.
IKEA Canada
Loblaw Companies Limited
Resolute Forest Products Inc.
Royal Bank of Canada
Scotiabank
Shell Canada Limited
Suncor Energy
TD Bank Group
Teck Resources Limited
TELUS
The Co-operators Group Limited
The Toronto Dominion Bank Group
TransCanada Corporation
Unilever Canada Inc.