A CLOSER LOOK: LINKING ANNUAL CARBON EMISSIONS AND ECONOMIC PROSPERITY IN CANADA

Abstract

Canada, a prominent global economy and an OECD member, boasts substantial wealth, but also faces the challenge of being one of the world's largest energy consumers. Per capita energy consumption in Canada is slated to exceed 300 million joules in 2020, a rate three times the global average and among the highest worldwide. Correspondingly, Canada ranks tenth among major global polluters in total carbon emissions and is forecasted to have the highest per capita carbon emissions.

This study delves into the intricate connection between Canada's annual carbon emissions and its economic growth. By examining these interrelated factors, the research aims to provide a deeper understanding of how economic development in Canada influences carbon emissions, and vice versa. Such insights are pivotal for crafting sustainable policies that balance economic prosperity with environmental stewardship in a high-consumption nation like Canada