On March 14, 2025, Mark Carney - the former governor of the Banks of Canada and England, boasting an extensive track record of climate advocacy - was sworn in as Canada’s 24th Prime Minister, replacing Justin Trudeau.

The legislation’s goal is to support workers and communities by creating high-quality, socially-responsible (and preferably unionized) jobs, as part of the transition away from fossil fuels.

On November 16, a federal court quashed Canada’s ‘plastics ban’ in a lawsuit filed on behalf of several Big Plastic industry members, including Dow Chemical, Nova Chemicals Corporation, and Imperial Oil.

On June 27, 2023, the Government of Canada announced the launch of its National Adaptation Strategy, set out in a framework plan which identifies various goals and focus areas for future climate adaptation-related policies and investments.

The proposed Canadian Sustainable Jobs Act seeks to establish a framework by which Canada’s government will plan for and assist the national workforce in transitioning to a new, more sustainable economy.

When it comes to getting landlords to retrofit the buildings responsible for up to 18% of Canada’s greenhouse gas emissions, bad incentives are leading to bad outcomes.

BlackRock’s climate-related actions to date have been tepid, especially considering the firm’s stature.

On June 23, 2020, the US Department of Labor proposed regulations to prohibit private industry pension plans, governed under the Employee Retirement Income Security Act (ERISA), from investing in ESG investment vehicles if doing so would prioritize non-financial objectives over purely financial ones (i.e., increasing returns for plan beneficiaries).