Effects of underwhelming investments in renewables by Trudeau’s Liberals

The lack of direct investments in renewables from the Liberals has allowed for a substantial cool-off in private investments—this has set in motion a chain of events with dire consequences on the market.


After nearly 10 years of the Harper government’s “all-in-approach” on fossil fuel development, the election of Justin Trudeau’s Liberals was seen as an exciting opportunity and step forward for the green economy in Canada.

Expectations ran high as Trudeau emphasized balancing the economy and environment, with signature promises being made such as the phasing out of fossil fuel subsidies.

It’s now the end of the Liberals first term, with the last budget before the election (budget 2019), having been recently presented. While there are several new programs aimed at providing support for certain green industries, the latest budget still demonstrates a pattern of underwhelming funding for renewable energy, and green initiatives in Canada.

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