Canada needs a Climate Action Fund to tackle energy transition

Currently, green businesses do not obtain sufficient capital, but a fund, modelled after the Registered Education Savings Plan, could offer tax credits to investors and allow green projects to obtain the required capital at a decent rate while offering investors good returns.

Canada's current green policy strategies—overseen by Environment Minister Steven Guilbeault—heavily rely on subsidies, which are costly and not necessarily effective due to their discretionary nature, write Hugo Cordeau and Olivier Jacques.The Hill Times photograph by Andrew Meade

Opinion

BY HUGO CORDEAU AND OLIVIER JACQUES

June 8, 2022

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