While border carbon adjustments (BCAs) could potentially have a role to play in maintaining the global competitiveness of Canadian industries and in addressing carbon leakage, there are a number of concerns and risks that must first be addressed in order for any BCA policy to be effective. Because it is so early in the development of BCAs for Canada, Fertilizer Canada asks that Finance Canada develop a set of guiding principles for the development of BCAs. This would give stakeholders a better sense of how they might be impacted by BCAs and would facilitate more specific feedback on the design and implementation of the policy.
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