This year — 2023 — marks year two of Canada’s net-zero plan, which will remake virtually every aspect of our economy and society, if it proceeds according to the Trudeau government’s ambitious plans.
To recap, the Canadian Net-Zero Emissions Accountability Act became law on June 29, 2021, committing Canada to achieve net-zero emissions of greenhouse gases (GHG) by 2050. In March 2022, the federal government published the Emissions Reduction Plan, which requires 45% to 50% reductions in GHG emissions from Canada by 2030, boasting separate net-zero programs for buildings, electricity, heavy industry, oil and gas, transportation, agriculture, waste. Simply put, since 2021 Canada has committed virtually every aspect of its existence to achieve a net-zero posture by 2050. And all Canadian policies, regardless of how small or how tall, will be seen as virtuous if they move the needle to net-zero, or failures if they do not.
