VIMY PAPER - What Threats Does Climate Change Pose to Canada and How

The potential magnitude of the threats and the increased probability that they will affect security in significant ways compels the question, “what threats does climate change pose to Canada and how are we situated to face those threats?” This paper first seeks to contribute a balanced examination of the threats, considering national and human security and political stability. [...] The trade-offs involved in accepting increased numbers of refugees and climate migrants would benefit Canada in many ways — fostering stability in over-burdened allies, receiving diplomatic points in return, mitigating the demographic gap in Canada, and stimulating the economy.94 In this sense, Canada’s reliance on and appreciation of immigration will serve as a strength and could help mitigate th. [...] Nonetheless, while there has always been partisan disagreement on specific measures and scope in responding to the pandemic, the Canadian government generally demonstrated a robust response to the crisis, including multiple arms of institutional capacity, in what might resemble a Whole-of-Government approach.100 This included the use of social programs and fiscal tools to buoy the economy and mark. [...] During the 2008 financial crisis, Canada’s system endured remarkably well, especially considering its closeness to the US market.106 The Bank of Canada has continued to assess that, before the pandemic, the Canadian financial system was very resilient and Canadian banks and institutions were well-positioned to manage risks.107 Even following the upheaval of the pandemic, “the Canadian financial sy. [...] If the course of action continues to be to react instead of pre-empt, there will be significant and 17 adverse implications to Canadian security and the livelihoods of Canadians in the decades to come.