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Opinion: What will define the road map to net-zero GHG emissions?


JOHN WOODS/The Canadian Press
Glen Hodgson is a senior fellow at the C.D. Howe Institute.
Shaping a successful economy with much lower GHG emissions will be an ever-present challenge for the next three decades. The low-carbon transition has begun, but is still at a very early stage; we have only a broad idea of what the transition might look like in the years ahead. Nevertheless, legislative assemblies, including here in Canada, have charged ahead and declared the ambition of
attaining an economy with no net GHG emissions by 2050.
There will not be a single common pathway – many already exist or will emerge, and they will compete for market positioning for consumers and businesses. Rather than referring to pathways, it would be more accurate to refer to an evolving energy-transition road map, with many interconnected possible routes that become more fully formed as the journey proceeds toward net-zero emissions. ....

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The Good, the Bad and the Ugly of City Budgets


January 21, 2021
–  Outdated practices make the budgets of too many Canadian cities impossible for non-experts to understand, says a new report from the C.D. Howe Institute.
In “Time for an Upgrade: Fiscal Accountability in Canada’s Cities, 2020,” authors William B.P. Robson and Miles Wu grade the clarity, comprehensiveness, and timeliness of the financial presentations of 31 major Canadian municipalities, based on their most recent budgets and financial statements, and prescribe some simple fixes to help the poor performers.
“Opaque and late budgets impede accountability,” said Robson. “Simple information, such as how much the municipality plans to spend this year, or how its spending plan this year compares with the previous year’s plan, can be hard even for experts to find.” ....

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