Cancellation of the consumer carbon price comes with the Canadian government’s affirmation that other incentives for reducing GHG emissions from buildings will remain in place.

The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.

Proposals address a range of issues that are likely to be of interest to listed real estate entities and their investors, as well as start-up ventures and other publicly traded service providers to the industry.