The Smart Prosperity Leaders Initiative issued a statement on October 26th in support of carbon pricing and clean competitiveness policies.  The initiative, which includes 24 prominent leaders from business, environmental, labour, social, youth and indigenous organizations across Canada was launched with the purpose to harness new thinking to accelerate Canada’s transition to a stronger, cleaner economy.

“By starting slowly and ramping up over five years, the policy allows for a gradual adjustment to a lower carbon economy. Moreover, all revenues will stay in the province or territory they came from, offsetting costs while maintaining the incentive to reduce emissions. The policy also includes much-needed measures to address competitiveness, and support communities, sectors and Indigenous Peoples in making the low carbon transition; we look forward to hearing further details of that plan.”

For more information on the Smart Prosperity Leaders’ Initiative and the full statement see here.