As a result of New Brunswick’s April 2020 action to put in place a price on pollution that meets the federal benchmark, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that she is specifying the Minister of National Revenue return $5.05 million directly to the Government of New Brunswick. These funds are from revenue collected through the federal backstop in 2019-2020, prior to the provincial system being stood up.
May 21, 2021 – Ottawa, Ontario – Department of Finance Canada
As a result of New Brunswick’s April 2020 action to put in place a price on pollution that meets the federal benchmark, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that she is specifying the Minister of National Revenue return $5.05 million directly to the Government of New Brunswick. These funds are from revenue collected through the federal backstop in 2019-2020, prior to the provincial system being stood up.
Since 2019 it has no longer been free to pollute in Canada. The federal government committed to returning all the direct proceeds from the federal pollution pricing system to the province or territory in which they were collected.
Fighting climate change and building a clean, net-zero economy are an important part of the government’s plan for a robust recovery that creates good middle class jobs and supports Canadian industry’s work to invest in world-leading clean solutions that will make sure Canada continues to be competitive on the world stage
