Tag Archives: Canadian Net-Zero Emissions Accountability Act

Cost of Climate Change, Energy, Environment, Politics

Liberal Environmental Policies for Dummies

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The first thing that comes to mind when thinking of Justin Trudeau’s environmental policy is often either purchasing the Trans Mountain Pipeline (TMX) or expanding Canada’s LNG sector. Yet Jennifer Lash, a former senior advisor with Environment and Climate Change Canada, speaks of his accomplishments in the fight against climate change. In this morning’s interview, she explains the rationale behind Liberal environmental policies. As it is actually quite simple once you get the underlying theme, Cortes Currents is calling it ‘Liberal Environmental Policies for Dummies.’

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Cost of Climate Change

Feds release flimsy first report on climate risk managment

Canada’s National Observer, Local Journalism Initiative Reporter

The federal government expects the cost of disaster relief funding to balloon to a billion dollars or more each year as the climate crisis advances, according to a new risk-management report. 

The document, examining steps by the federal public service to manage the financial risks and possible rewards tied to climate change, was released by Minister of Finance Dominic LeBlanc on Monday. 

Over the past decade, the federal government spent an average $793 million annually to help provinces and farms, businesses, industries and communities overcome natural disasters, according to the inaugural Federal Climate-Related Risk Management report. 

However, as extreme weather and catastrophes aggravated by climate change — like the 2021 flooding in B.C. or Hurricane Fiona in Atlantic Canada the following year — occur more frequently, funding transfers to provinces through the Disaster Financial Assistance Arrangement (DFAA) are expected to spike, the report noted. 

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