With the provinces and territories, we will create a Low Carbon Economy Trust that will provide funding to projects that materially reduce carbon emissions under the new pan-Canadian framework. We will endow the Low Carbon Economy Trust with $2 billion.

Real Change: A New Plan For a Strong Middle Class (page 40)

"Budget 2016 proposes to provide $2 billion over two years, starting in 2017–18, to establish the Low Carbon Economy Fund. The Fund will support provincial and territorial actions that materially reduce greenhouse gas emissions and are incremental to current plans, and achieve significant reductions within the period of Canada’s nationally determined target." ("Growing The Middle Class" Budget 2016-2017)

"To support provincial and territorial efforts to reduce carbon pollution, the Government established the Low Carbon Economy Fund, which will provide funding for projects that reduce greenhouse gas emissions." (Building a strong middle class, March 22, 2017)

POLTEXT

With the provinces and territories, we will create a Low Carbon Economy Trust that will provide funding to projects that materially reduce carbon emissions under the new pan-Canadian framework. We will endow the Low Carbon Economy Trust with $2 billion.

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