It’s time Canada did some long-term thinking about oil

If lower oil prices are as bad for Canada’s economy as rate-cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon emissions becomes less of an abstract notion and more of a daily reality. For a petro-economy such as Canada’s, the financial risks associated with the pending battle against climate change are much greater than any cyclical downturn in oil prices.

Titre: It’s time Canada did some long-term thinking about oil
Actualisé: mars 17th, 2016
Auteur: APWireless Canada
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