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We should never forget how much prices matter. Most of us like saving money, and so we seek out the lowest-cost options, whether we’re shopping for food or clothing, or making a new product or offering a new service. With carbon pricing, we will seek out new ways to do things, new ways to save money – and it will help even more if our governments send some of the money back to us.

Op-ed co-written by Christopher Ragan, associate professor of economics at Ï㽶ÊÓƵ and the chairman of Canada’s Ecofiscal Commission.Ìý

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