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PropTech: Canada’s opportunity to lead the way to net-zero
PropTech: Canada’s opportunity to lead the way to net-zero
GUEST COLUMN: In recent weeks, Canada, the U.S. and Europe have set ambitious new targets to reduce carbon emissions. The Canadian federal budget pledged at least $17 billion to help transform our economy.
OSFI head promises urgent action on climate
The new head of OSFI — Canada’s banking regulator — says he aims to bring greater urgency to oversight of the financial sector to curb volatility that will be caused in some cases by new risks from climate change and emerging technologies.
Climate must be priority for financial regulators
• GreenBiz
Central banks around the world are responsible for ensuring economic and financial stability. So why would some minimize perhaps the most significant threat to the future of our society and its financial markets — climate change?
Private equity firms, CPPIB lead global push on ESG
• Reuters
A group of global private equity firms and pensions funds managing over $4 trillion in assets, including Canada Pension Plan Investment Board, have joined hands to standardize reporting on environmental, social and governance (ESG) performance of portfolio companies.
London test may save net-zero communities energy
London’s West 5 development will test a program that may one day allow neighbourhoods to use the renewable energy they produce to cut power bills. West 5 is Ontario’s first net-zero community and aims to produce as much energy as it consumes.
Kingston’s 1st large-scale geothermal building: ‘Geo’
A cornerstone laying ceremony was held this week for Kingston’s first large scale geothermal residential building, the Geo. The residential building is also the first in Kingston designed to Fitwel Certification status, promoting best-in-class occupant health and wellness.
Why Vancouver failed to be greenest city by 2020
• Grist
When Gregor Robertson was sworn in as mayor of Vancouver, British Columbia, in December 2008, he did so with a simple promise: By 2020, the glassy city, encircled by water and Pacific Northwest rainforest, would be the “Greenest City in the World.”
Real estate could reap climate action dividends
• REMI Network • CNN
The global urgency for climate action has an upside in global opportunities for strategic investment that could improve people’s lives and yield sustainable returns. The pursuit of net-zero emissions could open up new markets, create jobs and richly reward investors.
$3B real estate project rising on B.C. reserve
An unassuming strip of Squamish Nation reserve land in Vancouver, Canada, will soon become the site of an ambitious new C$3-billion, 11-tower project called Sen̓áḵw. The mixed-use development is slated for completion in 2030.
BMO donates $600,000 to Indigenous organizations
• Cision
To commemorate the first National Day for Truth and Reconciliation, BMO announced $600,000 in donations to Indigenous organizations across Canada. Selected in consultation with BMO’s Indigenous Advisory Council, several of the Indigenous-led organizations focus on emotional and spiritual healing for Survivors.
Toronto Indigenous community to get healing lodge
• Blog TO
Concerns that the prison system was not meeting the needs of Indigenous women brought about Section 81 of the Corrections and Conditional Release Act of 1992, allowing for the creation of healing lodges custom-suited to the cultural requirements of this population.
Indigenous leaders face barriers to COP26
Indigenous leaders are largely being excluded from participation in the upcoming United Nations Climate Change Conference as the world grapples with problems from floods, fires, heat, drought and other disasters. Should COP26 proceed if Indigenous representatives can’t attend?
IEA to reduce GHG, reach net-zero by 2024
• IEA • Treehugger
The International Energy Agency is committing to reduce greenhouse gas emissions from its activities to net zero by 2024, aligning itself with the recommendations of its recent landmark report Net Zero by 2050: A Roadmap for the Global Energy Sector.
Walmart digs into regenerative agriculture
Walmart is getting into the regenerative farming business with goals around improved sustainability practices and reduced greenhouse gas emissions for its farming suppliers. By working with Midwest Row Crop Collaborative, Walmart is helping farmers switch 30 million acres to regenerative practices.
P&G’s family calls out company for wasting resources
• The Hill
Procter & Gamble, an American company that makes some of the most popular paper-based products from tissues to toilet paper, is facing pushback over its environmental policies from an unlikely source: two of the founder’s descendants.
Solar Panda, 3rd fastest growing company in Canada
• Cision
Solar Panda, a Canadian company providing solar home systems to off-grid homes in Africa, was ranked the 3rd fastest growing company in Canada in 2021 by Report on Business Magazine, a Globe and Mail publication.
B.C. lays out $260M 5-year plan to abandon fossil fuels
B.C. Hydro and the provincial government have announced a new five-year plan for the Crown corporation that provides incentives for people to switch from fossil fuels to electricity to power their homes, businesses and vehicles.
B.C. government called on to upend climate plan
For Gordon Murray, the loss of his home during the Lytton fire shows B.C.’s government is not doing enough to curb the climate crisis. “Political leaders need to address this as an existential crisis, not a PR crisis,” he said.
EU vows to accelerate renewable energy
With gas and electricity prices soaring in Europe and industry having a hard keeping up with the cost, EU energy and transport ministers met to address the problem. Accelerating the increased use and development of renewable energy is the solution.
Italy says leaders will heed young activists’ climate calls
• Globe and Mail • National Observer
Italian Prime Minister Mario Draghi pledged world leaders would listen to the demands of young climate activists ahead of the United Nations COP26 summit in November, after a meeting in Milan with Greta Thunberg.
Industry Events
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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