Canada's new investment rules are being inspired by dishwashers, refrigerators

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Ottawa is attempting to bankroll a shift to lower-carbon energy From jefflagerquist

We have to go to foreign pools of capital. What do those pools of capital need? They need clarity. Is it green? Is it transition? They're not going to figure this out for Canada. They're going to move on and invest in other opportunities. We need to make it easy to get included in that conversation.

If you're an equity investor, and you want to look at how transition-aligned a company is, you can look at capex and say, if I use the taxonomy, is the capex going to things that would be considered "green" or "transition." Eventually, you could get ETFs to say if they are "green" or "transition." Most of those taxonomies, when you go around the world, are focused on "green" investments. Our roadmap report laid out a path to get a "transition" label that's really about defining activities in high-emitting sectors. Think energy and heavy industry, and how they can decarbonize while we need them.

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