November 22, 2022
Media Advisory
For Immediate Release
Nov. 22, 2022
Saskatchewan Chamber Reacts to Federal Government Approval of Saskatchewan's Output-Based Performance Standards Program
Regina, SK – Please find included below a statement from Prabha Ramaswamy, CEO of the Saskatchewan Chamber of Commerce in relation to the Federal Government's Approval of Saskatchewan's Output-Based Performance Standards Program.
“The Saskatchewan Chamber of Commerce (SCC) is very pleased that a provincial plan has been approved by the Federal Government to replace the federally imposed carbon tax on industrial emitters in the province. Enabling the expanded use of the Saskatchewan Output-Based Performance Standards (OBPS) Program has been long advocated for by the SCC. Our province needs made in Saskatchewan solutions to support GHG emission reductions. Businesses are facing increased pressures from inflation, supply chain issues, and labour shortages. With this news today, our businesses can remain competitive globally, while taking advantage of incentives to reduce emissions. The Saskatchewan Chamber of Commerce appreciates the effort both levels of government put into enabling Saskatchewan’s program. Through smart regulatory efforts like this our business community can continue to strengthen its position as a global leader in supplying food fuel and fertilizer.”