The climate is changing faster than Canada’s infrastructure—ignoring it is not fiscally responsible

Extreme weather is already reshaping our economy, destabilizing our energy supply, weakening our ecosystems, and testing our infrastructure.

According to the Canadian Climate Institute, the growing cost of disasters already consumes the equivalent of five to six per cent of Canada’s annual GDP growth, writes Sen. Rosa Galvez. Photograph courtesy of the Province of B.C./Flickr

Opinion

BY ISG SENATOR ROSA GALVEZ

October 8, 2025

Canada’s infrastructure, much of it designed for a stable 20th-century climate, is struggling to withstand today’s extreme weather. The consequences go far beyond damaged roads and buildings—they extend to our economy and finance systems, energy security, an...

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