Cost of inaction on low-carbon transition far outweighs the scale of investment

From a pure percentage of GDP perspective, it could cost Canada roughly double the amount to not invest in lowering emissions.

Homeowners shore up sandbags around a property at Constance Bay on April 30, 2019. With Canada warming at twice the rate of the rest of the world, our country is becoming an increasingly risky place to do business, but while we may still find the costs of and damages due to our changing climate shocking, we are well past the point of surprise, writes Craig Stewart.The Hill Times photograph by Andrew Meade

Opinion

BY CRAIG STEWART

October 15, 2020

Ottawa residents, including myself, breathed a sigh of relief this spring when we saw only heavy rain and not a repeat of last year’s record flooding along the Ottawa River. Our relief, though, may only be temporary because once-in-a-lifetime floods, wildfires, and hailstorms are becoming much mor...

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