The push for Canada's green recovery
On Wednesday, Federal Finance Minister Bill Morneau projected a $343-billion deficit this year. Despite the grim forecast, many climate advocates see all this spending as an opportunity for a green economic recovery. Climate reporter Geoff Dembicki tells us why.
Finance Minister Bill Morneau has released a dramatic projection of the country's deficit this year: $343 billion, largely due to pandemic-related support programs.
The unprecedented spending is a signal to many climate advocates that there is an opportunity to fundamentally reshape the economy, through something called a green recovery.
Today, Geoff Dembicki, climate reporter for The Tyee, on what that might look like in Canada, and the challenges it may face.