Archived — Canada In the 21st Century Series, Paper Number 08—Economics and the Environment: The Recent Canadian Experience and Prospects for the Future, November 1998

Strategic Policy Sector

Economic Research and Policy Analysis Branch

Canada In the 21st Century Series, Paper Number 08—Economics and the Environment: The Recent Canadian Experience and Prospects for the Future, November 1998

This paper reviews some recent Canadian trends in the interaction between the economy and the natural environment, and considers policy implications for the near future. It focuses on two major challenges: ensuring that economic activity is consistent with ecological constraints, and the impact of global environmental problems on Canada. The paper includes a conceptual overview of the issues, the limits of markets to deal with environmental challenges and the constraints on policy. It reviews trends in resource scarcity and environmental quality, and assessed the implications of the relationship between economic growth and environmental quality. The main challenges facing policy-makers are discussed as is the role of commitment devices and green gross domestic product accounting. The paper also touches on globalization and recent innovative approaches to environmental policy.

Date: 1998
Format: PDF
Catalogue number: C21-27/2-1998-4
ISBN: 0-662-63959-6

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