The Ontario government has an opportunity to help protect its critical steel industry as it struggles under the weight of steep U.S. tariffs. Targeted reforms to Ontario’s carbon market would ensure that the steel sector is rewarded for its transformational low-carbon investments and provide needed support for the industry during a period of intense financial
The financial benefits of new pipeline capacity will far outweigh the carbon costs outlined in last year’s federal-Alberta memorandum of understanding, according to new modelling from Clean Prosperity. In their agreement the two governments committed to add at least one million barrels per day in new bitumen pipeline capacity and increase the minimum effective carbon
In this era of trade wars and geopolitical rupture, Canada has a unique opportunity to build its industrial base by attracting low-carbon investment away from the United States. That’s the message of “A Canadian Advantage,” a new report released today by Clean Prosperity and the Transition Accelerator. The report compares the incentives in Canada and
Canada’s plans to build new nuclear reactors could face major cost overruns and stalled projects if supply-chain and workforce bottlenecks are not addressed, warns a new report released today by Clean Prosperity. Canada has the opportunity to scale nuclear power as part of a broader effort to electrify its economy. There is room to more
Strengthening interprovincial transmission between Alberta and its neighbouring provinces could enhance grid reliability, lower costs for consumers, and accelerate decarbonization, says a new Clean Prosperity report released today. The recently signed federal-Alberta memorandum of understanding (MOU) commits both governments to building a strong, integrated interprovincial transmission grid, representing the strongest political alignment on interties in
The memorandum of understanding (MOU) signed last week by the federal and Alberta governments could unlock more than $90 billion in low-carbon capital investment and slash over 70 megatonnes of annual emissions within the province. Those are some of the key findings in Top TIER, a new research report released today by Clean Prosperity. The
Clean Prosperity President and CEO Michael Bernstein made the following statement in response to the memorandum of understanding (MOU) announced today by the Government of Canada and the Government of Alberta: “Today’s agreement holds promise of being the first step in a historic policy reset. By prioritizing strong carbon markets, Ottawa and Alberta are starting
Michael Bernstein, Clean Prosperity’s President and CEO, made the following statement in response to the federal government’s 2025 budget: “I’m encouraged to see the federal government commit to industrial carbon pricing as the central focus of Canada’s climate competitiveness strategy in today’s budget. Industrial carbon pricing can drive tens of billions worth of new investment,
Hybrid home heating systems — which combine electric air-source heat pumps with traditional natural gas furnaces — offer Ontario a practical and cost-effective path to significantly reducing emissions from home heating while protecting household budgets, says a new report from Clean Prosperity. Widespread adoption of hybrid heating could reduce Ontario electricity system costs by 20%,
Michael Bernstein, Clean Prosperity’s President and CEO, made the following statement in response to today’s announcement by the Government of Alberta. “The Alberta Government’s proposed new pipeline project could be part of a grand bargain between the provincial and federal governments on climate and energy policy. Growth in energy production should be pursued in tandem
Clean Prosperity President and CEO Michael Bernstein made the following statement about changes to Alberta’s Technology Innovation and Emissions Reduction (TIER) Regulation, announced today by the Alberta government. “The changes to Alberta’s industrial carbon pricing system announced today leave the door open to a long-awaited grand bargain between the provincial and federal governments on climate
Clean Prosperity President and CEO Michael Bernstein made the following statement in response to the federal government’s announcement today of the first nation-building projects set for fast-tracking under the Building Canada Act: “The first wave of projects announced today for fast-tracking signal that the federal government is taking positive steps towards making Canada into a
Expanding nuclear power generation across Canada could help drive prosperity, competitiveness, and emissions reductions for decades to come. Provinces must commit to deeply electrifying their economies and take a coordinated approach to deployment in order to build the case for new nuclear projects, according to a new research paper by Clean Prosperity. Canadians will only