Canada

So far, the story of how to cut inflation in Canada down to size has been a very simple one: higher interest rates.

If your budget isn’t squeezed and your mortgage rate isn’t up for renewal, you might say, “Yes, please!” and carry on with your summer.

Now what if I told you that every time the Bank of Canada has tried to fight high inflation with higher interest rates, a recession followed? Like, every single time over the past 60 years.

Burning fossil fuels is the root cause of climate breakdown, ocean acidification and the choking air pollution that is killing millions every year.

Vancouverites were taken aback last week at the news that city council, in a divided vote, passed a motion by Green Party Coun. Adriane Carr to allocate up to $700,000 towards a class action lawsuit against fossil fuel companies.

This measure was instantly slammed as a performative stunt and window dressing for the enviro vote as we head into election season.

July 20, 2022

Canadian lakes are in hot water over climate change, a new research survey has concluded.

"Canadian lakes are warming twice as fast as the rest of the lakes globally," said York University biologist Sapna Sharma, a co-author of a paper published in the journal Bioscience.

Sharma and her colleagues pored over 143 studies from around the world to try to summarize how climate change is affecting the globe's 100 million lakes.

In a dim, drafty room in Glasgow, the world’s most powerful bankers gather to unveil how they plan to save the planet. An ominous video plays: Earth, spinning in space, is paired with dramatic footage of sea waves crashing, busy highways and smokestacks spewing vile pollution to the skies. An alarm clock tick, tick, ticks underneath it all until the screen goes black and it rings, screeching across the hall. Flashed across the screen is the reason they’re in the room: “It’s time to finance our future.”