The report is the first national analysis of the impact climate change could have on Canada's economy. The report goes on to say that the impact of climate change on Canada's economy could cost from $5Billion by 2020 to $43 Billion by 2050. The NRTEE analysis indicates that if climate change accelerates in combination with population and economic growth in Canada the costs could rise as much as $91 Billion by 2050.

"This report sets out to help all of us - governments, business, and communities - to make climate-wise investment choices now, and in the future. The economic information we provide here will further help us understand what is at stake if we fail to respond and GHG emissions continue to rise," said NRTEE Vice-Chair Robert Slater.