Canada Urged To Copy Obama's Green Stimulus Plan

Jan 26 2009 | 12:00am ET

Canada's Green Party is urging Prime Minister Stephen Harper to follow U.S. President Barack Obama's lead and make investment in green technology the cornerstone of its economic stimulus plan.

Speaking on Thursday in Ottawa, Green Party leader Elizabeth May said Canada needs “a green, new deal.” Her comments come just days before the government presents its federal budget, which Harper says includes massive spending to support the economy.

May called for investment in alternative energy sources like wind and solar power, along with money for municipal infrastructure projects like bridges, transit, and water.

"They are both investments for the future and they stimulate the economy in the short term," she said.

In a report released last week, Sustainable Prosperity, a think-tank of economic and environmental experts, says a green stimulus package could create more than 160,000 jobs in Canada. The report calls for investment of $15 billion.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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