Ottawa’s $2B heat pump rebate gets a lot right. Here are three ideas to take it further.
Three additional design choices will decide how much the program can do to reduce the most emissions at the least cost.
Latest Posts
Budget 2026 invests in the future of clean electricity
The federal government made the right move in Budget 2026 by recommitting Canada to the objective of electrifying our economy.
Rethinking linking: How to make interprovincial carbon credit trading stick
A coordinated approach to linking up provincial carbon credit markets can drive investment and emissions reductions with lower compliance costs
What does the new trilateral carbon capture deal mean for the Clean Fuel Regulations?
As the federal and provincial governments carve a path forward on industrial carbon pricing, a parallel carbon market — operating under a policy called the Clean Fuel Regulations (CFR) — is gaining importance for low-carbon investment decisions, particularly for carbon capture projects.
Why industrial carbon pricing complements Alberta’s new pipeline
Originally published in The Hub: The grand bargain between Alberta and the federal government has reheated the public debate over the competitiveness impacts of industrial carbon pricing. We welcome this debate, because critics tend to build their case on a recurrent misunderstanding: that facilities today pay $95 per tonne of carbon. This $95 policy price
Time to get ambitious: Sask’s coal-to-nuclear transition a potential win for co-operative federalism
Originally published in The StarPhoenix: Saskatchewan has a generational opportunity to supercharge its economic future. We should seize it. Recent agreements with Alberta and B.C. have shown that Ottawa is prepared to make a new deal with the West. Let’s use the new spirit of cooperative federalism to land a deal for Saskatchewan’s nuclear industry
Ottawa-Alberta deal is progress but needs more climate ambition
Michael Bernstein, President and CEO of Clean Prosperity, made the following statement: “Yesterday’s energy investment agreement between Ottawa and Alberta represents continued progress in realizing the federal-Alberta grand bargain on climate and energy policy. “The agreement has the potential to help grow Canada’s economy, diversify our trade, and reduce emissions, all while contributing to national
Federal-B.C. agreement upholds carbon markets and low-carbon economic growth
Clean Prosperity President and CEO Michael Bernstein made the following statement: “The Canada-British Columbia Cooperative Prosperity Agreement balances multiple critical objectives: economic growth, national unity, and emissions reduction. The future of Canada and B.C. depends on us succeeding at all of them. “The agreement explicitly upholds the power of strong carbon markets to attract low-carbon
What does the Alberta-Ottawa deal mean for the federal carbon pricing benchmark?
After months of negotiations Alberta and Ottawa have agreed on a path forward for industrial carbon pricing. The May 15 implementation agreement is the start of rewriting the federal carbon pricing benchmark.
What will it take to grow low-carbon investment from Canadian institutional investors?
Canada is poised to become a low-carbon energy powerhouse. One industry association found $200 billion in investment opportunities across a range of technologies, while Clean Prosperity showed that the 2025 federal-Alberta memorandum of understanding could unlock $90 billion in low-carbon investment. Canadian institutional investors have the potential to help accelerate Canada’s industrial decarbonization. What will
New federal nuclear energy strategy an important step in supporting provincial reactor buildout
Brendan Frank, Clean Prosperity’s Vice President of Policy, made the following statement: “The federal government’s nuclear energy strategy is an important step forward in strengthening Canada’s nuclear power sector and supporting provinces in expanding nuclear power generation. “It complements a broader strategy of electrification supported by the federal government and led by provinces. Ottawa is
Ottawa-Alberta deal is the best outcome climate advocates could have hoped for
Originally published in The Globe and Mail. The carbon pricing deal between Alberta and Ottawa turned out to be more modest in its climate ambition than many climate advocates had hoped – including me. I still think Canadians should encourage the two governments to build on their agreement from last week in a way that
Ottawa-Alberta carbon pricing deal strikes difficult balance between climate, economy, and unity
Michael Bernstein, Clean Prosperity President and CEO, made the following statement: “The carbon pricing agreement announced today by the federal and Alberta governments solidifies the province’s industrial carbon pricing system and has the potential to strengthen it over the long term. But to fulfill that potential, Ottawa and Alberta will need to get the details