If you started this trajectory now, you're talking about 12+% domestic emissions reductions per year, while also making imports more expensive. We need more stringent policies, not impossible promises and unrealistic expectations of what federal carrots for retrofits can do. https://twitter.com/AnnamiePaul/status/1329514265271742465
Building retrofits, if you're doing it via federal subsidies, are expensive and highly regressive. Even if you had a money tree, the fact is that almost all of the buildings we have today will be around in 2030. In 9 years, what's a reasonable target for deep retrofits?
Remember, building codes, zoning, inspection, etc are all provincial responsibilities, so feds are left with carrots, product standards, materials regulations, carbon prices, and model codes. There's a lot missing from the toolbox.
On the plus side, federal governments have been sleepwalking on power lines for too long. If we put one tenth of the federal resources that look at oil and gas transportation into federal jurisdiction on power lines between the provinces, we could enable a lot of positive change.
I wrote about the green party plans in the last election. No one is well-served by these kinds of policies. It's the climate change equivalent of promising a rapid return to another oil boom and the Alberta of 2006 to people today. https://www.cbc.ca/news/canada/calgary/green-party-climate-plan-mission-possible-andrew-leach-1.5220091