Olaf Weber

Delaying climate action leads to higher risks for Canada’s economy and financial sector, warns an analysis released Friday by the Bank of Canada and the Office of the Superintendent of Financial Institutions.

The posting for a new high-level Alberta government job supposed to help the province align with environmental concerns from financial markets seems more about talk than action, observers say.

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout.