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The Greenhouse Gas Pollution Pricing Act [a] (French: Loi sur la tarification de la pollution causée par les gaz à effet de serre) is a Canadian federal law establishing a set of minimum national standards for carbon pricing in Canada to meet emission reduction targets under the Paris Agreement. [2]
According to a report by the Canadian Chamber of Commerce (CCC) released on December 13, 2018, Canada's largest business group endorsed the carbon pricing introduced by the federal government, [36] saying it offers flexibility and is the "most efficient way to cut emissions" [37] and "solidly backs carbon pricing."
In response to Canada's 2016 ratification of the Paris Agreement which set greenhouse gas emission reduction targets, the Canadian federal government under Prime Minister Justin Trudeau passed the Greenhouse Gas Pollution Pricing Act (GHGPPA), which came into effect on 21 June 2018, establishing national standards for a carbon price. [3]
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
In Canada, the Underwriters' Laboratories of Canada or ULC provides fire system installation standards. TS 54 -14 is a technical specification (CEN/TS) for fire detection and fire alarm systems (Part 14: Guidelines for planning, design, installation, commissioning, use, and maintenance).
Price premium (%) = [Brand A price ($) - Benchmark price ($)] / Benchmark price ($) [1] In calculating price premium, managers must first specify a benchmark price. Typically, the price of the brand in question will be included in this benchmark, and all prices in the benchmark will be for an equivalent volume of product (for example, price per ...
Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed January 16, 2025. Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed January 15, 2025.
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]