Impacts of Canada’s 2030 Emissions Reduction Plan—April 2025

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Impacts of Canada’s 2030 Emissions Reduction Plan—April 2025

Canadian Economics
Canadian Economic Analysis Sustainable Economy
Pages:2 pages5 min read

Author: Signal49 Research

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Canada has committed to reducing greenhouse gas emissions to net-zero by 2050. This research examines the socio-economic impacts of the Emissions Reduction Plan—the policy framework intended to get us there—focusing on the most realistic scenario.

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In this summary of our technical report, we examine the most likely socio-economic impacts of the federal government’s Emissions Reduction Plan (ERP). We evaluated several forecast scenarios: the Baseline, ERP Calibrated, ERP Comprehensive, and Realistic scenarios. This publication focuses on the Realistic scenario.

Will the ERP achieve the goal of net-zero emission by 2050? Which sectors are most exposed to risk? How will it affect GDP, consumer prices, and government revenues?

Read the summary to learn more about these impacts.

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