How Budget 2025 Could Boost Calgary's Climate Action Efforts

Calgary is buzzing as Budget 2025, featuring the new Climate Competitiveness Strategy, drops with significant implications for our city. Released on November 4, 2025, this strategy isn't just about federal policy; it's set to turbocharge Calgary's own ambitious drive toward a net-zero and climate-resilient future by 2050.

Our city already stands out as a global cleantech ecosystem, excelling in areas like carbon tech, geothermal, hydrogen, and renewable software. Now, with support championed by Minister Eleanor Olszewski through Prairies Economic Development Canada (PrairiesCan), local clean technology projects and innovation hubs, such as the Energy Transition Centre, could see a major boost in funding. PrairiesCan has a track record of backing Alberta's innovation, with past investments supporting over 1,100 jobs. This new injection of funds aligns perfectly with Calgary's ongoing 2023-2026 Climate Implementation Plan.

For Calgarians, this means more than just greener practices; it spells out tangible economic opportunities. MP Corey Hogan for Calgary Confederation emphasizes the local interests at play. The strategy is anticipated to attract new investment, diversify our economy, and create green jobs across the region. The city itself estimates that reaching net-zero could save Calgarians a staggering $60-80 billion in energy costs by 2050. As Calgary continues its rapid growth, these federal initiatives promise to weave sustainability directly into our city's economic fabric.

This one comes to us from the Government of Canada. Get more info at the source: https://www.canada.ca/en/prairies-economic-development/news/2025/11/minister-olszewski-and-ps-hogan-to-highlight-budget-2025s-climate-competitiveness-strategy-and-canadas-global-leadership.html