The federal government says it’s making Canada’s largest investment ever in protecting the nation’s sources of fresh water — including the Great Lakes.
Commitments announced by the government during U.S. President Joe Biden’s visit and in the recent budget bring the federal government’s total investment to $750 million, said Environment Minister Steven Guilbeault.
“[It brings] us very close to our commitment to invest $1 billion … in this mandate. So we’re not quite there yet,” he told CBC News.
The government announced during Biden’s visit it will be spending $420 million to clean up and restore the Great Lakes. That money is part of the $750 million total.
During the 2021 election campaign, the Liberals committed to spending more than $1 billion over ten years to protect and restore freshwater bodies, including rivers, large lakes and the Great Lakes.
Last week’s budget earmarked $650 million over ten years for the Fraser River, the Mackenzie River, Lake Winnipeg, the Lake of the Woods, Lake Simcoe, the St. Lawrence River and the Great Lakes.
The money is intended to support monitoring, assessment and restoration work, to prevent the release of harmful chemicals and to reduce the frequency of algae blooms.
Canada’s freshwater sources face ongoing threats from plastic and toxic chemical pollution, algae blooms from excessive agricultural fertilizer runoff, and invasive species. In the Prairies, they’re threatened by shrinking glaciers and drought.
These threats affect plant and aquatic life and the communities that rely on these bodies of water for drinking water and recreation. Canada is home to 20 per cent of the planet’s supply of fresh water; Guilbeault said Canada hasn’t always lived up to the responsibility.
And he admits Canada needs to catch up to U.S. investments in freshwater source protection and restoration.
“[The Americans] have, in the past few years, made very significant investments early in the Great Lakes,” Guilbeault said. “We had made the commitment to invest more.”
Federal Environment Minister Steven Guilbeault speaks to media at the United Nations in New York on Sept. 21, 2022. ( THE CANADIAN PRESS/Sean Kilpatrick)
Michelle Woodhouse, program manager for water at Environmental Defence, agreed Canada needs to match U.S. efforts to protect the Great Lakes.
“Very fair to say we have been lagging behind,” she said, “It has been decades of chronic underfunding.”
According to calculations by environmental groups, the United States has invested $3.8 billion US in the Great Lakes Restoration Initiative since 2010. By comparison, the Canadian government has allocated $44.84 million to the Great Lakes Protection Initiative. Even on a per capita basis, Canada is trailing.
Environmental groups and U.S. mayors applauded Canada’s funding commitment, despite the gap.
“Representing an international border community on the shoreline of the Great Lakes, I am thrilled to see this kind of cooperation and coordination between the U.S. and Canadian governments to enhance the health of the Great Lakes,” said Detroit Mayor Mike Duggan in a statement from the Great Lakes and St. Lawrence Cities Initiative.
The Toronto and Region Conservation Authority (TRCA) manages the nine watersheds that run through the Greater Toronto Area.
In 1987, the Toronto waterfront was named as one of 42 areas of concern by the International Joint Commission. The IJC is a bi-national commission established by Canada and the U.S. to regulate cross-border projects that affect water bodies along the border. The IJC identifies “areas of concern” as locations within the Great Lakes that have experienced high levels of environmental damage.
Since then, the TRCA has been working to clean up Lake Ontario. Although it has made progress, it still has to close beaches occasionally and deal with algae blooms and concerns about wildlife habitat. The TRCA also maintains restrictions on fish consumption.
Namrata Shrestha, a senior manager at the TRCA, said investments by the federal government are welcome.
“We do have a lot of issues with our Great Lake system, especially Lake Ontario,” Shrestha said. “There a lot of issues on water quality and its implications on not just the ecosystem per se … but also the cascade effect of it, of what that means for us as a community.”
A map of Canadian and U.S. areas of concern in the Great Lakes. (Environment and Climate Change Canada)
The Toronto waterfront is among 12 of 14 Canadian areas of concern that Environment and Climate Change Canada is promising to clean up by 2030. The department says that over the next decade, it will focus on the following contaminated or degraded areas:
Thunder Bay
Nipigon Bay
Peninsula Harbour
St. Mary’s River
St. Clair River
Detroit River
Niagara River
Hamilton Harbour
Toronto and region
Bay of Quinte
St Lawrence River
Three Canadian areas of concern have already been restored and delisted: Collingwood Harbour, Severn Sound and Wheatley Harbour.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
