Thursday, 24 April 2025

Canada

Minister of Environment and Climate Change Steven Guilbeault rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Thursday, June 13, 2024. Canada's greenhouse gas emissions will be 12 per cent lower in 2030 with carbon pricing in place than they will be if the pricing system for consumers and big industry were to be scrapped, new federal data published Thursday suggests. THE CANADIAN PRESS/ Patrick Doyle
EconomyEmissionsNewsPolitics

Canadian government releases carbon pricing impact data as cost debate rages

Newly published data suggests Canada's greenhouse-gas emissions will be 12 per cent lower in 2030 with carbon pricing in place than they would...

A wind turbine is shown at Dalhousie Mountain, N.S. on Friday, April 23, 2010. The governments of Nova Scotia and Newfoundland and Labrador have told a Senate committee that they would like to see quick passage of federal legislation that would help establish an offshore wind industry on Canada’s East Coast. THE CANADIAN PRESS/Andrew Vaugh
EconomyElectricityEnvironmentIndigenousLabourLegislationNewsPoliticsWind

Atlantic Canadian provinces push for quick passage of federal offshore accord changes

The governments of Nova Scotia and Newfoundland and Labrador have told a Senate committee they would like to see quick passage of federal...

A polar bear seeks shelter from the looming blizzard near the Hudson Bay community of Churchill, Manitoba, Canada November 20, 2021. Picture taken November 20, 2021. REUTERS/Carlos Osorio/ File Photo
BiodiversityClimateNews

Record low May sea ice sounds alarm for Canada’s Hudson Bay polar bears

New research adds to a growing scientific consensus that the polar bears are on track to disappear from Canada's vast Hudson Bay region...

A container ship passes under the Lions Gate Bridge after leaving port, in Vancouver, B.C., on May 18, 2020. THE CANADIAN PRESS/Darryl Dyck
ClimateEmissionsFuelHydrogenMaritimeNewsTransport

Shipping industry looks for consensus on sustainable fuels ahead of net-zero goals

Global shippers are convening in Montreal to sort out which sustainable fuels their vessels should use — a key question given that boats...

FILE PHOTO: Brookfield Asset Management Vice Chairman and former Bank of England Governor Mark Carney speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, U.S., October 13, 2022. REUTERS/James Lawler Duggan/File Photo
BusinessClimateFinanceNews

Brookfield eyes $5 billion for UAE-backed climate fund

The fund, dubbed the Catalytic Transition Fund (CTF), was announced at the COP28 climate talks in Dubai last December.

A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. The CEOs of Canada's five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. THE CANADIAN PRESS/Nathan Denette
BusinessClimateCourtsEnvironmentFinanceNewsPolitics

Bank CEOs to testify at parliamentary committee on climate impacts of finance

The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by...

Pumpjacks draw out oil and gas from a well heads as near Calgary, Alta., on Sunday, May 12, 2024. Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, says a new report by a leading Canadian climate policy think tank, or otherwise risk leaving ratepayers and governments on the hook for billions of dollars in underused and overbuilt gas infrastructure. THE CANADIAN PRESS/Jeff McIntosh
AnalysisBuildingsEconomyElectricityEmissionsNatural GasPoliticsReportsResiliency

Stop gas expansion for home heating or risk leaving ratepayers on the hook: report

Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, says a new report from the...

FILE PHOTO: The Parker Lake wildfire glows in an aerial photograph taken by a B.C. Emergency Health Services crew member through the window of an airplane evacuating patients from nearby Fort Nelson, British Columbia, Canada May 10, 2024. Andrei Axenov/BCEHS/Handout via REUTERS/File Photo
NewsWeather

Summer wildfires remain a risk in Canada after milder start to season

Canada's wildfire risk is expected to remain high over coming months, particularly in regions experiencing intense drought, including northwestern Alberta, northeastern British Columbia,...

FILE PHOTO: A cyclist rides past the Bank of Canada building, Ontario, Canada, July 11, 2018. REUTERS/Chris Wattie
BusinessFinanceInfrastructureNewsTransmissionUtilities

Canadian investors eye utilities, real estate stocks as BoC cuts rates

Canadian utilities including pipeline companies such as Enbridge Inc and TC Energy Corp are likely to benefit from the BoC's move to begin...

Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question from a reporter during a news conference, Tuesday, June 11, 2024 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
BusinessCarbon ManagementEconomyLegislationNatural GasNewsOilPolitics

Canada’s finance minister urges oilsands to start building carbon capture projects

Canada's Finance Minister Chrystia Freeland says a major federal tax credit to help build carbon capture projects is almost in place and she...

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