Ontario Cap and Trade Reporting Requirements
All CPA member companies that introduce propane into the province of Ontario and subject to cap and trade reporting requirements must complete the registration process for the Compliance Instrument Tracking System Service (CITSS) by November 30, 2016. CITSS, a web-based program used by North American jurisdictions that have cap and trade programs, tracks emissions allowances and offset credits from time of issue by governments, to ownership, transfers, through to final retirement. Companies that do not introduce propane into the province will not be required to report carbon emissions or purchase credits.
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