Thermometer rising: climate change and Canada’s economic future

Setting the right price for carbon is at the core of Canada’s strategy to tackle climate change.

Canada's federal Environment Minister Catherine McKenna, pictured. In Canada alone, it has been estimated that, in the absence of action to address global warming, we would face annual costs of between $21-billion and $43-billion by the 2050s. Such costs would take a number of forms, writes Bank of Canada's deputy governor Timothy Lane.
The Hill Times photograph by Sam Garcia