Canada’s green finance taxonomy, eight years in the making, faces mounting pressure to finalize — or risk losing its global competitiveness. The core debate? Whether to exclude fossil fuels entirely from the “green” label, since including them could undermine Canada’s net-zero ambitions. Critics, including Senator Rosa Galvez, warn that delays create investor uncertainty and cost Canada billions in potential clean energy investment. With nations racing to attract green capital, Canada’s decision now could define its economic future — and whether it stays on track for a sustainable, competitive tomorrow.
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