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December 2020

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Today, Prime Minister Trudeau and Ministers McKenna, Wilkinson, and Guilbeault announced a new and updated climate change plan: A Healthy Environment and a Health Economy (the Plan). The Plan, released by Environment and Climate Change Canada (ECCC), seeks to strengthen Canada’s emissions reduction commitments under the Paris Agreement while simultaneously investing in cleaner and more sustainable economic growth. Starting in 2023, the Plan will increase the federal carbon price by $15 per year to $170 by 2030. The Plan includes 64 new measures and $15.2 billion in new investments on top of the previously committed $60 billion in the 2016 Pan-Canadian Framework on Clean Growth and Climate Change and $6 billion to be invested in clean infrastructure by the Canada Infrastructure Bank (CIB). The Plan includes investments in the following categories: Making the Places Canadians Live and Gather More Affordable by Cutting Energy Waste. The federal government will invest $1.5 billion for green and inclusive community buildings, with 10% allocated to First Nations, Inuit, and Métis communities, $2.6 billion to help homeowners make their homes more energy efficient through grants of up to $5,000, and $2 billion in financing for commercial and large-scale building retrofits as part ofthe CIB’s $10 billion Growth Plan. Making Clean, Affordable Transportation and Power Available in Every Canadian Community. The federal government will invest an additional $287 million over two years to continue the Incentives for Zero-Emission Vehicles (iZEV) program until March 2022, additional $150 million over three years in charging and refuelling stations across Canada, an additional $964 million over four years to advance smart renewable energy and grid modernization projects, an additional $300 million over five years to advance the government’s commitment to ensure rural, remote and Indigenous communities that currently rely on diesel have the opportunity to be powered by clean, reliable…