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Ottawa Excludes New Fossil Investment, Sets Long Implementation Timeline for Sustainable Investment Taxonomy

October 11, 2024
Ottawa Excludes New Fossil Investment, Sets Long Implementation Timeline for Sustainable Investment Taxonomy

More than two years after experts urged the federal government to develop a sustainable finance taxonomy to guide climate disclosures, Finance Minister Chrystia Freeland took advantage of a major responsible investment conference in Toronto to announce another 12-month process to get the first pieces of the taxonomy in place.

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