A 2026 BMO survey shows a significant rise in Canadian companies developing formal climate plans, with 78% of business leaders now integrating climate risk into their strategies. The push is driven largely by the impact of extreme weather events and a growing need for operational resilience. While confidence in these strategies is high, cost remains the primary barrier to adoption. Many firms are reporting sensitivity to carbon pricing and the expense of low carbon products, leading to increased interest in financial incentives to fund sustainability transitions.
