This article was last updated on April 16, 2022
Canada: 
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The changing climate can cost Canada billions of dollars in the next decade. On Thursday, The National Round Table on the Environment and the Economy examined the cost of climate variations on Canada’s wealth, public health and in coastal areas caused by climatic changes.
According to think-tank’s projections, the cost of climate change for Canada could be $5 billion per year from 2020 onwards and can go up to $43 billion per year by 2050. According to the report, the average annual cost of climate change is likely to be around 0.8 per cent to 1.0 per cent of GDP by 2050.
Moreover, the report claims that climate change may perhaps result in additional deaths from heat and air pollution. Examining Vancouver, Calgary, Toronto and Montreal, the report estimates three to six deaths per 100,000 people per year in the 2020s, with affects getting worse in coming years.
The report reads: “Global mitigation leading to a low climate change future reduces costs to Canada in the long term. This reinforces the argument that Canada would benefit environmentally and economically from a post-2012 international climate arrangement that systematically reduced emissions from all emitters — including Canada — over time.”
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