Taking action to slow global warming and combat the negative impacts of climate change is not a new idea. However, despite efforts to date, Canada has been unable to make meaningful reductions in its greenhouse gas (GHG) emissions. Indeed, emissions levels in 2019 and 2006 were unchanged.1
With temperature extremes and severe-weather instances on the rise, the time for more effective action is now. In the research presented here, we outline why Canada needs to do its part to reduce emissions; the unique circumstances we face that make this goal a challenge; how carbon pricing will affect emissions and our economy; the role of technology in reaching our emissions targets; and what the economy will look like in a post-net-zero world. Our aim is to provide businesses, politicians, and households with a clear view of the opportunities, challenges, and economic impacts of moving to a low-carbon-emissions future, as well as to spark conversations about how we as a society can make this future a reality.
