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April 22 2021

Through consistency and collaboration, new climate targets can create economic opportunities

The following statement is attributable to Murray Sigler, interim CEO of the Calgary Chamber of Commerce:

Calgary, April 22, 2021 – “Today’s announcement that Canada’s emission reduction targets will be increased to between 40 and 45 per cent of 2005 emissions levels by 2030 is an important step in the global fight against climate change. Canadian businesses will make it possible for the country to achieve these targets through innovation and by developing new technologies that can be used around the world to lower emissions.

“These targets will require many businesses to make significant changes to their operations. For some, this may be challenging—particularly in the wake of the global pandemic. The Calgary Chamber urges collaboration between the federal government and the business community to ensure Canadian companies can remain competitive, allowing the country to capitalize on the economic opportunities arising from the transition to a lower-carbon economy.

“Today’s announcement provides clarity around current emissions targets. Moving forward, consistency will be key to ensure businesses understand the rules and can make informed decisions around investments and operations. We urge the federal government to commit to these targets, work closely with the business community and invest in Alberta’s position as a leader in the lower-carbon economy.

“The Calgary Chamber remains committed and ready to work with the federal and provincial governments to identify economic opportunities that allow us to fight climate change and sustainably develop our resources, while ensuring certainty and stability for business.”

About the Calgary Chamber

The Calgary Chamber is an independent, non-profit, non-partisan business organization. For 130 years, the Chamber has worked to build a business community that nourishes, powers, and inspires the world.

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