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Neal Willcott, PhD Candidate - Finance, Queen's University, Ontario

Canada faces huge physical costs from climate change, making net zero a great investment

Ontario fire rangers carry sandbags to fortify a wall holding back floodwaters in Pembroke, Ont., in May 2019. THE CANADIAN PRESS/Justin Tang

There has been a lot of discussion in Canada lately about the financial costs of achieving the country’s climate targets. And rightly so. The situation is urgent and we need to act now.

Fighting climate change will require a concerted effort, affecting all sectors of the economy. And while there will be great economic opportunity and lots of new jobs in the green economy, there will be considerable disruptions in the workforce, major economic challenges and significant capital investment required.

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