Canadian Net-Zero Emissions Accountability Act (C-12 Bill)

The Ottawa bill sets clear milestones for climate policy, formalizing Canada’s commitment to hit net zero by 2050 and establishing nearer-term targets for 2026 and 2030. The law requires the government to issue plans to achieve each one of its targets and report on its progress.

Although the bill doesn’t expressly outline the accountability of the private sector in the country, this transition to net zero will require many of Canada’s companies to fundamentally rethink their business models to be less carbon-intense and divert their resources to greener options.