Financial institutions can actively carry out research in this regard. In addition, the PBC has been working on the launch of support instruments for carbon emission reduction which provide low-cost funds for qualified financial institutions to support the development of clean energy and enhance China’s overall energy supply capacity.
For example, the construction sector alone has accounted for about 100,000 of the new jobs created in Canada through the recovery, bringing its share of overall employment to its highest level in over 35 years. More broadly, household spending in Canada has been growing strongly for over a decade, both outright and relative to the economy as a whole.