C-Suite Survey: A majority of Canada’s business leaders believe governments need to invest in clean-technology research to spur breakthroughs that could result in the elimination of fossil-fuel use over the coming decades. The latest quarterly C-Suite survey of corporate executives shows that almost three-quarters of respondents support government backing for research and development that leads to a reduced reliance on fossil fuels. The support for public involvement is weakest in Alberta, but, even there, 55 per cent agreed this is an important role for government.
How fast Canada can move away from fossil fuels, though, is a question that divides executives. Only 14 per cent said the country could completely eliminate the use of fossil fuels by 2050, while 38 per cent said that point will come in the 2051-2100 time frame. Thirty-one per cent said Canada will never completely eliminate the use of fossil fuels.
