Globe Climate: Ottawa’s energy-efficiency retrofit program struggles to meet demand

Bondar has been cultivating curiosity on Earth since then, and she’s been on a quest to improve our appreciation for this planet. The grant program, which launched in May, helps cover the costs of investments in energy-conserving improvements like electric heat pumps, new windows and doors, solar panels and better attic insulation. The overwhelming majority […]

The close: TSX suffers biggest decline of 2022 as Shopify extends losses; worst week for …

Canada’s TSX was fully swept up in the selling action on Friday, closing down by more than 2%, its worst slide since Nov. A number of analysts cut price targets on Shopify this week, as the outlook for ecommerce growth slows amid anticipated lifting of pandemic restrictions. “The theme so far this year has been […]

Climate scientists urge Ottawa to cancel proposed carbon-capture tax credit – The Globe and Mail

On one hand are the environmental and climate arguments that such a program does nothing to help Canada kick its fossil fuel habit. The International Energy Agency, a Paris-based organization that advises industrialized nations on energy policy, says CCUS will play a crucial role in global emissions reduction. The group would much prefer Ottawa nix […]

As disputes around logging increase, First Nations eye carbon credits as a way to generate …

The practice, which puts a value on trees that remain standing and absorbing carbon, is one way of dealing with the problem of greenhouse gas emissions. Carbon markets and regulations for participating in them are maturing as Canada seeks to achieve its goal of net-zero emissions by 2050. They want a bigger share of stumpage […]

Calgary’s struggling high-end real estate market sees ‘complete turnaround’ – The Globe and Mail

Dissatisfied with traditional methods of listing real estate, they decided to market the house themselves. After only two months in the market, the $1.6-million house sold. In late 2021, the detached segment in Calgary showed strong signs of recovery, and a tight market drove up sales even in the $1-million-plus price range, a niche that […]

Alberta earmarks $30-million for carbon capture projects so technology is ‘ready to go …

The province – through Emissions Reduction Alberta, a Crown agency – will spend $30-million on research and development that can help clear some of the engineering and design hurdles facing sectors that haven’t yet deployed the technology. Carbon capture, utilization and storage, or CCUS, traps carbon-dioxide emissions and stores them deep under the ground. Steve […]

Omicron COVID-19 variant likely to add fuel to real estate fire, realtors say – The Globe and Mail

Andre Kutyan, a broker with Harvey Kalles Real Estate Ltd., predicts that the first quarter of 2022 will look much like the fourth quarter of 2021 in the carriage trade segment of the market. Mr. Kutyan says these trends are fueling demand for properties in neighbourhoods such as Lawrence Park, Lytton Park, Forest Hill and […]

Gentle density on single-family lots helps first-time buyers get into Vancouver’s housing market

57th Ave., the developers saved a handsome heritage house and turned it into eight strata homes with potential for two rental suites. “The market in Vancouver is definitely going to go higher,” said Mr. Chan. The 100-year-old house has been converted into three units, each with three bedrooms. The property was subdivided, and the duplex […]

Fidelity approved to handle Bitcoin in Canada, clearing path for institutional investors – The …

On Wednesday, Fidelity was approved by the Investment Industry Regulatory Organization of Canada to launch a new digital asset service. Fidelity Clearing Canada provides services to more than 100 investment companies in Canada. If approved, the Fidelity funds would join the growing list of existing bitcoin funds already launched in the Canadian marketplace. Mr. Mackenzie […]

Cannabis giants fail to lift sales even after big buying spree – The Globe and Mail

merged to form the largest pot company in Canada by revenue, Quebec company Hexo Corp. “I don’t think any of these companies have solved the puzzle yet of how to build and maintain market share,” said Aaron Salz, principal and founder of Toronto-based Stoic Advisory Inc., a boutique investment firm focused primarily on cannabis deals. […]

Globe Climate: A deal was reached, but was COP26 a success?

Already we are seeing some of our nations failing,” said Gabon’s Environment Minister, Lee White. Delegates to the United Nations conference kept watering down drafts of a deal that was intended to put the spoken commitments into action. Ultimately, despite compromises that made the outcome more weak in environmental campaigners’ eyes, it wasn’t the worst […]

Will the COP26 summit make a difference? Only if this momentum turns into action

The Greta Thunberg-led protesters and other activists who always considered the whole thing an exercise in greenwashing will insist that it produced nothing but hollow declarations meant to make jet-setting elites feel good about themselves. The text features clear progress, such as stronger transparency in how countries deliver on their national emissions-reduction pledges and an […]

Opinion: What happens after COP26? Canada’s $2-trillion question – The Globe and Mail

Baseline estimates assume a $2-trillion price tag for Canada to reach net-zero carbon emissions by 2050. We have much work left to do as part of – and moving beyond – the recent COP26 discussions centred on international efforts to limit rising global temperatures in the 21st century. We must focus on how Canada can […]