RBC says Canada can emerge as carbon — management solutions hub as oil, gas investment tops $200 billion
RBC flagged Canada as a potential carbon-management hub as more than $200 billion in new oil and gas projects is planned. RBC estimated Canada’s R&D intensity at 1.6% of GDP in 2024 versus 2.9% for OECD peers, calling for faster clean-tech R&D. RBC highlighted Alberta’s planned carbon-credit price floor of $60 a tonne