IMF applauds Canada's climate action, warns of 'race to the bottom' with subsidies

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IMF applauds Canada's climate action, warns of 'race to the bottom' with subsidies
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OTTAWA — The International Monetary Fund warns that Canada’s green subsidies could stoke an international race to the bottom, even as it credits the country…

The International Monetary Fund is crediting Canada for its"multipronged" approach to addressing climate change, but is warning that its green subsidies could stoke an international race to the bottom. People paddle along the Rideau Canal as tulips bloom in Ottawa on Thursday, May 18, 2023.

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