User:Oceanflynn/sandbox/Greenhouse Gas Pollution Pricing Act

Greenhouse Gas Pollution Pricing Act (GHGPPA) is a Canadian Act under Bill C-74, which is intended to be a revenue-neutral tax the federal Greenhouse Gas Pollution Pricing Act (GHG Act), which had passed three readings and was in the Senate by December 2018, implemented a revenue-neutral tax which applied only to provinces and territories whose carbon pricing system did not meet federal requirements. Saskatchewan never had a carbon pricing system and three other provinces—Manitoba, Ontario and New Brunswick—have opted out of previous provincial carbon tax systems. Revenue from GHG Act, which is under Bill C-74, which will come into effect in April 2019, will be redistributed to the provinces, either through tax credits to individual residents or to businesses and organizations, such as universities, librairies, etc that are affected by the tax but are unable to pass on the cost by raising consumer prices. The Province of Saskatchewan is challenging the constitutionality of the GHG ACT in a legal challenge in the Saskatchewan Court of Appeal Court of Appeal.

Bill C-74
The Canadian Senate passed the Greenhouse Gas Pollution Pricing Act (GHG Act) in the fall of 2018 under Bill C-74. The GHG refers to charge or pricing instead of taxation. The charge which will rise to $50 per CO2 by 2022, begins at $20 in 2019. Through the GHG Act, provinces have the flexibility to create their own solutions to deal with GHG emissions in "their own jurisdictions". Through the GHG Act all provinces are required to place a minimum price of $20 a tonne of GHG emissions by January 1, 2019. The tax will be retroactive to January.

The federal government will send an annual rebate ranging from $300 to $600 adequate emissions pricing plans.