Federal Government encouraged to institute life cycle strategy
A growing trend in international markets, could leave Canadian commerce in the dust.
A new report by the National Roundtable on the Environment and Economy is calling on the federal government to institute life cycle strategies.
The policies, increasingly prevalent in the United States and Europe, track the environmental footprint of a good, service or business.
Analysts say our trading partners could erect barriers to Canadian products, if the country continues to lag behind in green legislation.