Climate change is polarizing. Between inflation, investor pressures, competitiveness, high interest, and economic sluggishness, climate change can seem like a far-off problem — just another thing to worry about. Sustainability often takes a back seat, becoming a “nice to have” instead of a “need to have.” But an ounce of prevention is worth a pound of cure. Heather Taylor of EY Canada breaks down how prioritizing climate action is actually a smart investment strategy.

Editor's Note: After publishing, we received an email from Heather & her team with two further points. First, during the episode, we mentioned that global warming could reach up to 3 degrees by 2100. In January, a report came out saying that 2024 was the first year to exceed 1.5 degrees of global warming. Second, Heather & her team shared this excellent observation: "For the construction industry which is seen as an economic driver in Canada - there is an opportunity to for the industry to inform and influence public policy. The construction industry can stimulate jobs and domestic investment when the industry is thriving. Given the significant capital it will take to get buildings to a resilient and lower carbon footprint, there is an opportunity for Canada to ensure the construction materials are domestic products. The new Trump administration’s threat of tariffs may create a tariff war which may create a significant impact on the construction industry." Thanks to Heather & her team for the engaging comments!

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