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Why Canada’s economic forecasts must factor in climate change

We gravely underestimate the economic benefits of proactive climate policy.

Originally published by the .

Canada’s Parliamentary Budget Office just did something important and long overdue. For the first time, the country’s official financial watchdog  for Canada’s economy, showing that worsening climate impacts are a drag on economic growth. This is a crucial step in beginning to reduce the economic risks Canada can expect in a warming world.

There’s still a long way to go, however, and recent moves by Australia and the United Kingdom can point us in the right direction.

Continue reading at , where this op-ed was originally published.


 is an economist at Queen’s University, a C.D. Howe Institute fellow-in-residence and an expert panelist with the 91É«Ç鯬.  is an adaptation research associate with the 91É«Ç鯬.

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