Environmental regulations – often referred to as ‘green tape’ – are commonly portrayed as pitting regulator against regulatee, business against government, environmentalists against industry groups, environment against economy. But the latest evidence shows that green tape does not polarize.
The big environmental story coming out of Ontario this year is the government’s decision to introduce a cap-and-trade system in the province. This province-wide environmental market will cap greenhouse gas (GHG) emissions, indirectly putting a price on carbon emissions and sending a signal for business to use cleaner energy and processes.
As one of its 'Five Burning Platforms,' Canada2020 organized a panel on the Canadian economy. Diana Carney, Director of Strategy & Engagement at the Institute of Public Policy Research moderated the panel, which included Mike Moffatt, Assistant Professor at the Ivey School of Business, Danielle Goldfarb, Director of the Global Commerce Center at The Conference Board of Canada and Jascha Jabes, Director of Corporate Finance at Scotiabank.
