Nature loss is not only an environmental concern, but also an emerging source of economic and financial risk. As critical ecosystems degrade, so too does the natural capital that underpins production, supply chains and long-term economic stability. In Canada, where the economy remains resource-intensive and nature-dependent, these risks are particularly pronounced. Recent analysis suggests that nature’s ongoing decline puts approximately US$259 billion (or 11% of Canada’s GDP) at risk. 

In February 2026, the Smart Prosperity Institute appeared before the Standing Senate Committee on Agriculture and Forestry as part of its study on the role of the agriculture and agri-food sector in Canada’s food security.  

By Dr. Colleen (Ollie) Kaiser, Sara M. Bechtold, Anik Islam and Caelan Welch

Canadian businesses are facing uncertain times. Rapid technological change, policy shifts, evolving markets and the physical impacts of climate change are creating risks—and opportunities. To remain resilient and competitive, businesses must plan for a range of possible futures.