Home / Climate / Climate Prosperity / The Economic Impacts of Climate Change for Canada / Paying the Price – What Do We Recommend ?

Paying the Price – What Do We Recommend ?

Canadians can use economic information to decide how to best prepare for and respond to the impacts of climate change. Our recommendations are as follows:

1 // The Government of Canada invest in growing our country’s expertise in the economics of climate change impacts and adaptation so we have our own Canadian-focused, relevant data and analysis for public- and private-sector decision makers.

2 // The Government of Canada cost out and model climate impacts to inform internal decisions about adapting policies and operations to climate change and allocating scarce resources to programs that help Canadians adapt.

3 // Governments at all levels continue investing in generating and disseminating research to inform adaptation decision making at the sectoral, regional, and community level. This research should, as a matter of routine, incorporate economic analysis of the costs and benefits of options to adapt to climate impacts because the current data is insufficient for decision makers and is not readily or consistently available.

4 // The Government of Canada forge a new data- and analysis-sharing partnership with universities, the private sector, governments, and other expert bodies to leverage unique and available nongovernmental resources for climate change adaptation.