Canada’s banks fundamental to financing the net-zero transition

Banks understand that the financial sector is central to securing an orderly transition to a net-zero economy while ensuring the continued resilience of Canada’s financial system.
Recent commitments to spur investment in green technologies, including hydrogen, in Deputy Prime Minister Chrystia Freeland’s 2022 federal budget and fall economic statement, are steps in the right direction, writes Anthony Ostler.

Canada has joined more than 120 countries, including all other G7 nations, in committing to reaching net-zero emissions in our country by 2050. This ambitious goal is enshrined into legislation through the Canadian Net-Zero Emissions Accountability Act, which became law...

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