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VANCOUVER / MUSQUEAM, SQUAMISH & TSLEIL-WAUTUTH TERRITORIES — Tom-Pierre Frappé-Sénéclauze, director of buildings and urban solutions at the Pembina Institute, made the following statement today in response to the B.C. government’s announcement of $1.1 billion in funding over 10 years for a social housing retrofit initiative:
“All British Columbians deserve to benefit from healthier living and work spaces, lower heating bills, and less pollution. This investment in affordable, safe, energy efficient, and low carbon homes for some of our most vulnerable people is a positive step forward for B.C. It will also stimulate innovation in the retrofit market, making it easier to upgrade the rest of the housing stock.
“Preparing all of our existing homes and buildings for the clean future will be B.C.’s next megaproject, creating jobs in all communities. In order to achieve B.C.’s climate targets, we must curb carbon pollution from our homes and buildings by at least half by 2030 and almost entirely by 2050. This means upgrading 30,000 houses, 17,000 apartment units, and three million square feet of commercial space each year between now and 2050. It’s a big undertaking, but B.C.’s innovative companies and skilled tradespeople are up to the challenge. This megaproject could create over 10,000 sustainable jobs across the province and generate $4–8 billion in economic growth.
“British Columbians are ready to work together to bring down carbon pollution and meet our climate goals. B.C.’s imminent climate strategy represents a must-seize opportunity for the province to power up clean economic growth and secure a prosperous, low-carbon future.”
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