Traditionally, competitiveness in the context of carbon pricing is narrowly construed as the impacts on emission-intensive and trade-exposed (EITE) sectors including iron and steel, basic chemicals, lime and cement. But competitiveness affects the entire economy, and with an understanding of both its positive and negative impacts, policy-makers can make better carbon mitigation policy choices. With Ontario’s largely service and manufacturing-sector based economy, limiting competitiveness analysis to only EITE’s would miss 85% of its economy. Sustainable Prosperity used economic modelling to examine the economic impacts of the Western Climate Initiative (WCI) on Ontario in 2030 in its latest Policy Brief.

Read policy brief here