OBPS credits are issued to Ontario industrial facilities that emit below their sector performance standard. Each credit represents one tonne of CO₂ equivalent that the facility avoided relative to the standard. Credits are tradable on the federal credit registry.

Calculate your credit position →How OBPS works

Common questions

How do you earn OBPS credits?

You earn OBPS credits when your facility's emissions intensity (tCO₂e per unit of production) is below the sector performance standard set under ECCC SOR/2019-313 Schedule 1. The size of the credit is proportional to how far below the standard you operate, multiplied by your production volume.

Can you bank OBPS credits for future years?

Yes. OBPS credits can be banked for use against future compliance obligations. There is no expiry on registered OBPS credits, but they must be retired against a specific facility's annual return.

Can you sell OBPS credits to other facilities?

Yes. OBPS credits are tradable on the federal credit registry. The price is negotiated bilaterally between buyer and seller. The transaction must be registered with ECCC.

What if my facility is above the OBPS standard?

If your facility emits above the sector performance standard, you owe an amount equal to (actual emissions − production × standard) × federal carbon price. You can either remit payment or buy credits from another facility to cover the shortfall.