Canadian business coalition urges regulatory overhaul - BNN Bloomberg

the 18-member coalition argued Canada’s process for reviewing and approving new projects is far too lengthy and is thus hurting the country’s chances of achieving its climate goals.

“Canada is not seen as a place that can get projects built—and that has a big cost. If we cannot improve the process, our country will likely lose out on important low or zero carbon initiatives, strategic investments, and tens of thousands of jobs across the country.” “Canada’s existing regulatory review and permitting systems are not up to the challenge of meeting our climate targets,” the letter states. “They are time-consuming, unpredictable, and complex. They don’t always fully enable the necessary engagement and participation of Indigenous communities.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks rise before slew of interest-rate decisions - BNN Bloomberg​Stocks climbed as traders prepared for a week packed with interest-rate decisions from major central banks. Tesla was poised to set a record winning streak after a rush of positive news for the electric-car maker.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Glencore makes offer for the steelmaking coal business of Teck Resources - BNN BloombergSwiss company Glencore says it has made an offer to buy the steelmaking coal business of Teck Resources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »