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Canadian firms lag in climate plans, risking capital access and resilience, report warns.
A new report from Business Future Pathways warns Canadian businesses must urgently adopt climate transition plans to ensure long-term resilience and access to capital, despite challenges like tariffs and AI.
Only about 5% of Canadian firms have robust plans, placing Canada last among G7 nations, behind France and Japan.
Launched in May by financial institutions, the initiative provides sector-specific guidance focused on financial risk.
Experts stress these plans are essential for managing climate disruptions, meeting investor demands, and securing stability in a changing economy.
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Las empresas canadienses están atrasadas en los planes climáticos, arriesgando el acceso al capital y la resiliencia, advierte el informe.