The Canadian government and all four Atlantic provinces have committed to reduce greenhouse gas emissions to net-zero no later than 2050. These targets require a massive reduction in emissions.
Five sectors – utilities, manufacturing, mining and oil, other primary industries and transportation – represent about 90% of Atlantic Canada’s business emissions. However, these five sectors contribute over half of Atlantic Canada’s Gross Domestic Product and 43% of the region’s total jobs when their supply chain and income effects are included.
This second report in a series on Atlantic Canada’s economy in the pursuit of net-zero emissions explores the economic risks and implications of net-zero in Atlantic Canada.