By Andre Fajardo On December 21st, 2022, the Trudeau cabinet issued a news release outlining the Canadian federal government’s commitment to new regulations for commercial auto manufacturers and importers. These regulations mandate manufacturers and importers across the Canadian market to begin producing or sourcing ‘zero-emission vehicles,’ or ZEVs, as a percentage of their fleet sales. ZEVs are defined…
Tag: Canada
The misidentified problem statement of Canada’s 2030 Emission Reduction Plan
By: Anna Hardie In March 2022, the Government of Canada released its 2030 Emissions Reduction Plan, a report outlining Canada’s next steps for meeting annual emission reduction targets towards 2030. In order to reach 2030 reduction targets, emissions are broken down annually across eight economic sectors including oil and gas, transportation, heavy industry, and buildings….
The Dairy Lobby is Souring Canada’s Reputation in International Trade and Canadians’ Bank Accounts
By: Ruolan Ma The controversy of Canada’s dairy market protectionism never ceases to spark debate in both domestic and international societies. Achieved through the supply management system, the protectionist barrier of Canada’s dairy industry is blamed for the high price of dairy products and diplomatic spats with trade partners, such as the United States. The…
Addressing Toronto’s loss of dwelling rooms in rooming houses
By: Ruolan Ma As the epicentre of Ontario’s housing crisis, Toronto has a rental market with an extremely limited housing stock and one of the lowest vacancy rates in Canada at 0.5%. As a result, rental prices remain high with the average rent for a one-bedroom apartment in Toronto reaching 2,250 in 2022, a 22%…
The Rising Cost of Food in Canada: More Needs to be Done
By: Jeff Liu As the world recovers from the COVID-19 pandemic, a new crisis emerges as countries around the world are facing food security issues due to global inflation. Even in a relatively wealthy country such as Canada, many are suffering from food insecurity. In a recent Canadian national survey conducted by the University of…
Foreign Direct Investment in Canada: A Complicated Opportunity
by Kyle Muir The Government of Canada’s recent decision to block the purchase of Aecon Group Inc. by Chinese state owned enterprise (SOE) CCCC International Holdings Ltd. for $1.5 billion in the interest of ‘national security’ is the just latest example of the country’s habit of placing politics ahead of economic prosperity when faced with…
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