Category Archives: Climate Change

CSA Issues Guidance On Reporting Climate Change Risks

Securities legislation in Canada requires reporting issuers – broadly, corporations that issue securities to the public – to disclose the material risks affecting their business and, where practicable, the financial impacts of such risks. Although climate change-related risks are expected … Continue reading

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Ontario takes its carbon tax challenge to the Supreme Court

In our article “Federal Carbon Tax Is Legal” published on June 30, 2019, we reported that the Ontario Court of Appeal had upheld the federal government of Canada’s constitutional right to impose a nationwide price on carbon emissions. As anticipated, … Continue reading

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Federal Carbon Tax Is Legal: Ontario Court of Appeal

On Friday June 28, 2019, Ontario’s Court of Appeal released its decision upholding the federal government of Canada’s constitutional right to impose a nationwide price on carbon emissions. The Ontario provincial government, which brought the challenge, will seek leave to … Continue reading

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Canada’s climate is warming twice as fast as global average

Canada’s Changing Climate Report (CCCR), led by Environment and Climate Change Canada, has just been released. It is the first major report of the current National Assessment, Canada in a Changing Climate: Advancing our Knowledge for Action, launched in 2017. The CCCR makes … Continue reading

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Ontario Consults on Emissions Performance Standards Proposal to Fend Off Federal Carbon Pricing Backstop

Ontario is consulting on a proposed Emissions Performance Standards (EPS) for the industrial sector, intended as an alternative to the federal government’s Output-Based Pricing System (OBPS) (federal backstop) for electricity and industrial sectors under Part 2 of the Greenhouse Gas … Continue reading

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Canada’s National Statement at COP24

Canada’s Minister of Environment and Climate Change, Catherine McKenna delivered Canada’s National Statement yesterday at COP24 in Katowice, Poland in the following speech: “President, Excellencies, distinguished guests, ladies and gentlemen, I’m delighted to be here at COP24 in Katowice. Today … Continue reading

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Ontario Government releases its Made-in-Ontario Environment Plan

The Ford government has released its new environment plan “Preserving and Protecting Our Environment: A Made-in-Ontario Environment Plan”. The plan has been placed for public comment on Ontario’s Environment Registry until January 28, 2019. To access the posting please click … Continue reading

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