Canada looks set to unveil some form of emissions trading scheme this year. Initial announcements regarding government-mandated emissions cuts are expected in March, before more detailed measures are announced when the Canadian government presents its budget in April.
Several Canadian exchanges are now looking to develop markets for carbon credits.
The Montreal Climate Exchange (MceX) plans to launch forward products this year, once the government has published its emissions reduction targets,
The week on Risk.net, December 9–15 2017Receive this by email