Fiscal Update Delivers ‘Downpayment’, Falls Short of Full Funding for Green Recovery: Leading into the update, the Trudeau government downplayed expectations for serious investment in a “greener and more just Canada,” MacDonald writes.
But “other countries have delivered budgets and other countries have
committed huge stimulus packages to climate goals, recognizing that the
pandemic represents a once-in-generation opportunity to embrace the
challenges and the opportunities around climate change.”
While “certainly, near-term spending needs to focus on the
pandemic,” he added, “governments should be able to walk and chew gum
at the same time.”
Climate Action Network-Canada said the fiscal update
contained “many encouraging signals,” along with “a few areas we will
watch with close scrutiny”, in a statement that acknowledged the
“exceptionally difficult COVID-19 pandemic year” the country has faced.
Fiscal Update Delivers ‘Downpayment’, Falls Short of Full Funding for Green Recovery: Leading into the update, the Trudeau government downplayed expectations for serious investment in a “greener and more just Canada,” MacDonald writes.
But “other countries have delivered budgets and other countries have
committed huge stimulus packages to climate goals, recognizing that the
pandemic represents a once-in-generation opportunity to embrace the
challenges and the opportunities around climate change.”While “certainly, near-term spending needs to focus on the
pandemic,” he added, “governments should be able to walk and chew gum
at the same time.”Climate Action Network-Canada said the fiscal update
contained “many encouraging signals,” along with “a few areas we will
watch with close scrutiny”, in a statement that acknowledged the
“exceptionally difficult COVID-19 pandemic year” the country has faced.Read More