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ARTICLE · 13 APRIL 2022

Feds Tackle Climate Change, Mandatory ESG Disclosure In Latest Budget

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The government's lofty goals could have wide-ranging impacts on businesses in Western Canada, from companies in the oil and gas sector to heavy industry, agriculture and transportation.

CanadaEnergy and Natural Resources
Conor Chell
Conor Chell
Rangi Jeerakathil
Rangi Jeerakathil
Samina Ullah
Samina Ullah
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The federal government outlined its plans for achieving net zero – and requiring big banks and other financial institutions to make climate-related financial disclosures – in its latest budget.

On April 7, the Government of Canada tabled Budget 2022, providing further details on a number of measures introduced in the feds' 2030 Emissions Reduction Plan, which would see Canada slash its emissions 40 – 45% below 2005 levels by the year 2030.

The government's lofty goals could have wide-ranging impacts on businesses in Western Canada, from companies in the oil and gas sector to heavy industry, agriculture and transportation. Here's a look at some of the highlights from the latest budget.

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