Hydrostor, a leading long-duration energy storage developer, has secured $200 million USD in funding from Canada Growth Fund Inc. (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP...
Royal Bank of Canada (RBC) and Carbonhound have partnered to offer Canadian businesses an automated solution for measuring, verifying, and managing carbon emissions. The collaboration aligns with RBC’s strategy to...
Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted...
Bill Gates’ Breakthrough Energy Catalyst has awarded a $40 million grant to Deep Sky, a Canadian startup building a cutting-edge test ground for Direct Air Capture (DAC) technologies in Alberta....
Canada’s Plan to Green AI Infrastructure Canada’s federal government is exploring a $15 billion incentive to encourage domestic pension funds to invest in artificial intelligence (AI) data centers powered by...
Canada’s 2035 Emissions Target: Balancing Climate Action and Economic Growth Canada has unveiled an ambitious emissions reduction target of 45-50% below 2005 levels by 2035, reinforcing its commitment to achieving...
Why it matters: Brookfield Renewable, a global leader in renewable power, continues to align its financing strategy with ESG priorities. This issuance demonstrates investor appetite for sustainable investments and bolsters...
Vancouver, Canada – December 2024 – The Canadian government is making bold investments to decarbonize heavy-emitting industries and support clean technology innovation in British Columbia. $12.5 million in funding was...
Op-Ed By: Bailey Church: Partner, Accounting Advisory Services at KPMG Canada The public sector needs to lead by example in Canada’s adoption of sustainability reporting. The extreme weather events in...
Rising ESG Challenges for Canadian CEOs According to KPMG’s 2024 CEO Outlook, Canadian executives are placing sustainability at the forefront, driven by extreme weather events, disruptive technologies, regulatory changes, and...
$1.48 Billion GAIA Platform Launched to Address Climate Finance Gaps At COP29, FinDev Canada, MUFG Bank, Green Climate Fund (GCF), and Climate Fund Managers signed a Memorandum of Understanding to...
Deep Sky, a leader in carbon removal technology, has finalized a significant deal with Microsoft and Royal Bank of Canada (RBC) for the sale of 10,000 carbon removal credits. This...
Greenhouse gas (GHG) emissions from Canadian oil sands production remained nearly flat in 2023, with an increase of less than 1%, despite a rise in total production, according to a...
RBC Global Asset Management Inc. has announced that the RBC Canadian Core Real Estate Fund (the Fund) reached a new milestone with its fifth major transaction since its inception in...
The Canadian government’s proposed regulations aim to cut emissions in the oil and gas sector by 35% by 2030, compared to 2019 levels. Environment Minister Steven Guilbeault clarified, “This goes...
The Government of Canada has successfully re-opened its second Canadian-dollar-denominated green bond, raising an additional $2 billion. This re-opening of a 10-year bond is part of Canada’s commitment to regular...
Key Impact Points: The Government of Canada is advancing a Made-in-Canada sustainable investment taxonomy aimed at accelerating progress toward net-zero emissions by 2050. This taxonomy will provide a framework for...
Canada Growth Fund (CGF) is committing up to $100 million to Svante Technologies Inc., a leader in carbon capture solutions, to fast-track the development and deployment of their innovative technologies...
Canadian ESG Investors Getting More Fund Options to Choose From Canadian investors focused on sustainability now have more choices than ever. Despite a record outflow of C$2.1 billion in Q2...