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ARTICLE · 05 FEBRUARY 2016

Climate Change

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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Nationally, there will be significant changes to Canada's energy systems and economy, heavily weighted in natural resources.

CanadaEnvironment
Alan Ross
Alan Ross
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Canada's greenhouse gas regime is poised to be one of the country's leading business challenges in 2016. From Paris to provincial legislatures, big changes are coming, with Canadian companies – and large carbon emitters across a range of industries – still determining what the impacts will be on their bottom lines.

Nationally, there will be significant changes to Canada's energy systems and economy, heavily weighted in natural resources. With green energy sources likely to play a larger role, experienced renewable project developers with strong balance sheets and a low cost of capital are likely to be some of the biggest winners in 2016.

In Alberta, Premier Rachel Notley announced a far-reaching and comprehensive climate change strategy, with sweeping new regulatory requirements for the electricity, oil and gas industries. The result for a province already reeling from low commodity prices is an economy-wide carbon tax, a 100 megatonne cap on oil sands emissions

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