Environment Minister Peter Kent spoke at the 100 anniversary of Parks Canada at the Fairmont Hotel in Ottawa, May 19, 2011.
Credits: Chris Roussakis/QMI Agency
"It's off the table," he told reporters Thursday after accepting an award from World Wildlife Fund International on behalf of Parks Canada.
"There's no expectation of cap-and-trade continentally in the near or medium future."
In 2008, the Conservatives floated a North America-wide cap-and-trade system trial balloon soon after U.S. President Barack Obama was elected.
But during the election campaign, Prime Minister Stephen Harper warned the carbon-tax scheme proposed in the New Democrat platform would spike gas prices.
Nixing cap-and-trade will likely be a sore point for the NDP caucus, but Kent said he'd ignore any sabre-rattling from opposition benches.
"Noise shouldn't affect good government policy," he said.
Kent said the Tory government would continue with other means to reach the government's greenhouse-gas reduction target of 17% below 2005 levels by 2020.
"We're working on it and we're confident we can reach it," he said.