Freeland Tells WEF All Canadian Manufacturing Must Be ‘Retooled’ in Energy Transition

Published on January 18, 2024

Deputy Prime Minister Chrystia Freeland told an audience in Davos that “all” of Canada’s manufacturing must be retooled to make way for the energy transition. “I think that right now we’re living through a moment which is comparable only to the industrial revolution itself, in terms of the energy transition and the way we need to retool all of our manufacturing,” said Ms. Freeland on Jan. 18 while attending the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland. “That is huge,” she added, without expanding further. The Liberal government seeks to reach net-zero emissions by 2050 and has implemented laws and regulations to achieve that goal. It tabled its Sustainable Jobs Act (Bill C-50) in June 2023 to help redirect lost jobs in the oil and gas sector into the low-carbon economy. The bill is currently at committee stage in the House of Commons....