Canada's government advances sustainable guidelines for investment, targeting net-zero emissions by 2050.

Canada's government is advancing guidelines for sustainable investing and corporate climate disclosures to attract investment for emissions-reducing projects, essential for achieving net-zero emissions by 2050. Finance Minister Chrystia Freeland stated a third-party organization will develop the taxonomy, with initial guidelines expected within a year. Large federally incorporated companies will face new disclosure requirements, while small businesses will be exempt.

October 09, 2024
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