Toronto Star: A new report on the financial implications of climate change notes that while natural catastrophes are estimated to cost Canadians $21-$43 billion per year by 2050, popular economic measures like GDP fail to capture the escalation, discouraging preventative investment.
The TD report follows a recent and alarming warning by the United Nations Intergovernmental Panel on Climate Change that governments are ill-prepared for a warming world. If action is not immediately taken, the UN report projected...