When the latest B.C. budget dropped North America’s first true carbon tax in our laps, we were stunned and strangely silent. Even though the tax had been widely expected, its arrival was hard to believe. The tax is tiny today, but it will grow and will also bring a friend: the long-debated cap-and-trade system the Campbell government is building with select provinces and U.S. states is supposed to be designed by August.
If you’re doing business in B.C., where the first set of carbon emission rules is in place, the big question is: what are you going to do about it?
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