Prime Minister Mark Carney’s first budget did not deliver new investments on climate or clean tech. In fact, some experts say it takes a step backwards.
The federal government’s commitment to “maximise carbon value for money” and “protect the competitiveness of oil and gas” as part of today’s budget represents a dramatic abdication of environmental leadership and a troubling step backward for climate action in Canada.
The budget makes clear that fossil fuel production for export is a central pillar of this government’s economic strategy — and that it won’t let climate measures get in the way.
Prime Minister Mark Carney’s Liberal government is ramping up its drive for artificial intelligence glory while deepening an alignment with Canada’s own “tech bros” movement.
Two new studies are helping to shed light on the extent Canadians feel climate change is impacting their mental health.
A national study published today suggests about 2.3 per cent of people in Canada experience climate change anxiety at a level the authors considered "clinically relevant," causing meaningful distress and disruption in their lives.
Chart Source: Author’s own illustration, based on long-term OECD analysis.
Sept. 30, 2025
Within a historically short period, capitalist society has generated enormous wealth but also caused profound ecological degradation and threats to survival. Yet the capitalist market economy is incapable of resolving the problems it has created or of securing a liveable environment.