During the Leaders’ Summit on Climate, Prime Minister Justin Trudeau has announced that Canada will enhance its emissions reduction target under the Paris Agreement by 40 to 45% below 2005 levels, by 2030.

Trudeau also highlighted the importance of working with other global leaders saying climate change knows no borders, so every country must do its part to invest in a cleaner world.

The government says that today’s announcement builds on the $53.6 billion of taxpayers’ money that the government has spent since October to establish Canada’s green recovery for the COVID-19 pandemic, and create jobs.

Budget 2021, announced this week, also builds on that approach, including through a new investment in Canada’s Net-Zero Accelerator that will incentivize Canadian business and industry to develop net-zero technologies, and build our clean industrial advantage.