HomeGreen TechnologyWhat makes a powerful Canada? A sustainable financial system and lasting affordability

What makes a powerful Canada? A sustainable financial system and lasting affordability


TORONTO Rachel Doran, government director at Clear Vitality Canada, made the next assertion in response to the outcomes of the 2025 federal election:

“We congratulate Prime Minister Mark Carney and the Liberal Social gathering of Canada on their election victory, underpinned by a mandate from Canadians to stroll a distinct, higher path than our U.S. neighbours.

“Throughout social gathering traces, this election centered squarely on the necessity to construct. To that finish, and to extend our financial competitiveness and vitality safety in a time of elevated volatility, Canada should now deal with the generational challenge of constructing a clear financial system and lasting affordability whereas breaking down interprovincial commerce obstacles.

“As latest Clear Vitality Canada evaluation exhibits, amongst our 10 largest non-U.S. commerce companions, all of them have net-zero commitments and carbon pricing programs, and roughly half apply carbon border changes on imports and have home EV necessities reshaping their automotive markets. Taken collectively, these measures ship a transparent, unmistakable sign concerning the place their economies are headed. As extra international locations undertake these measures, demand for oil and gasoline will see a decline, whereas curiosity in clear vitality imports and low-carbon merchandise will solely improve.

“Canada should act accordingly, from accelerating regulatory processes for clear progress tasks, to recognizing inexperienced collar employee credentials throughout provinces, to supporting demand for clear items that profit Canadian suppliers, to serving to the build-out of a extra cross-Canada energy grid.

“Prime Minister Carney has additionally rightly acknowledged rising unaffordability as one of many key challenges affecting Canadians. As a mess of analysis has proven, the price of residing and local weather change share a typical resolution, and we look ahead to seeing the design of promised incentives to assist Canadian households undertake money-saving clear vitality options.

“Canada’s new prime minister ran on a marketing campaign of ‘Canada Robust.’ Canada now has its alternative to make robust choices. Investments in sectors that can develop, not shrink. Affordability options that can produce lasting financial savings, not one-off tax holidays. And a sustainable imaginative and prescient for Canada that grows, like rings on a tree, harder and extra deeply Canadian yr after yr.”

RESOURCES

Report | The World Subsequent Door

Report | Opening the Door



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