Canada Unveils Ambitious Climate Competitiveness Strategy in Budget 2025
Calgary, AB – Canada has unveiled its Climate Competitiveness Strategy within Budget 2025, a significant initiative announced by Minister Eleanor Olszewski on November 9, 2025. This strategy is designed to bolster the nation's economic future by integrating comprehensive measures to drive low-carbon investments.
The plan strengthens industrial carbon pricing, clarifies emissions reduction regulations, and boosts clean economy investments through new tax credits. Crucially for Calgary, a prominent hub for energy-related industries, the strategy supports critical mineral projects and mobilizes capital towards net-zero goals. The city has already been proactively transitioning, with recent federal investments scaling up the Energy Transition Centre in downtown Calgary and establishing the Calgary Region Hydrogen Hub to foster clean technology and diversify its economy.
The Honourable Julie Dabrusin, Minister of Environment and Climate Change, emphasized the critical juncture, stating, "At this critical moment, we have a choice: lead or get left behind," underscoring that climate action is inseparable from economic growth. Calgary's Corey Hogan, MP and Parliamentary Secretary to the Minister of Energy and Natural Resources, echoed this sentiment, highlighting the plan's potential to position Canadian enterprises at the forefront of clean growth.
This strategy underscores Canada's commitment to decouple economic growth from emissions, aiming to become the strongest economy within the G7. Calgary's industries stand to benefit significantly from these innovative opportunities and investments in clean technology, ensuring a competitive advantage on the world stage as Alberta continues its broader energy transition.,Calgary, AB – Canada’s economic future is charting a new course with the unveiling of the Climate Competitiveness Strategy within Budget 2025, announced by Minister Eleanor Olszewski on November 9, 2025. This comprehensive plan aims to solidify Canada's global economic standing by integrating robust measures to drive low-carbon investments.
The strategy outlines strengthened industrial carbon pricing, clarified emissions reduction regulations, and enhanced clean economy investments through new tax credits. For Calgary, a pivotal hub for energy-related industries, this approach specifically supports critical mineral projects and mobilizes capital towards net-zero goals. The city has recently seen significant federal investment in scaling up the Energy Transition Centre downtown and establishing the Calgary Region Hydrogen Hub, initiatives that further its clean technology sector and economic diversification efforts.
The Honourable Julie Dabrusin, Minister of Environment and Climate Change, underscored the urgency, stating, "At this critical moment, we have a choice: lead or get left behind," emphasizing climate action as integral to economic growth. Calgary’s own Corey Hogan, MP and Parliamentary Secretary to the Minister of Energy and Natural Resources, highlighted the plan's potential to position Canadian enterprises at the forefront of clean growth.
This initiative reflects Canada's commitment to decoupling economic growth from emissions, positioning the nation as a model of economic resilience. Calgary’s industries are poised to capitalize on innovative opportunities and investments in clean technology, securing a competitive advantage globally. The strategy aims to build a sustainable economic future, leveraging Canada’s natural resources and innovation to become the strongest economy within the G7.
