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Working Paper #21  路  

Alternatives to Fossil Fuels in Canada

A Long-Term Vision for Growing Jobs and Income to Diversify Our Economy

Published September 9, 2026 by Andy Hira, Stefan Pauer, and Matt Wilder

Overview

[Updated Sept. 10th to incl. royalties discussion] We find Canada has made little progress diversifying its economy under the Carney government despite mounting US trade war threats, remaining reliant on commodity exports, as reflected in public investment reviewed by the Major Projects Office. We point to the contradiction of doubling down on fossil fuels while wildfires ravage BC and Ontario, arguing this reflects a broader lack of coherent economic strategy. Green transition and innovation sectors, we argue, represent missed opportunities for more sustainable jobs and income.

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