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To assess the impact of climate change on the Canadian economy, weinvestigate and model the relationship between seasonal climate variables andeconomic growth across provinces and economic sectors. We further provideprojections of climate change impacts up to the year 2050, taking into accountthe diverse climate change patterns and economic conditions across Canada. Ourresults indicate that rising Fall temperature anomalies have a notable adverseimpact on Canadian economic growth. Province-wide, Saskatchewan and Manitobaare anticipated to experience the most substantial declines, whereas BritishColumbia and the Maritime provinces will be less impacted. Industry-wide,Mining is projected to see the greatest benefits, while Agriculture andManufacturing are projected to have the most significant downturns. Thedisparities of climate change effects between provinces and industrieshighlight the need for governments to tailor their policies accordingly, andoffer targeted assistance to regions and industries that are particularlyvulnerable in the face of climate change. Targeted approaches to climate changemitigation are likely to be more effective than one-size-fits-all policies forthe whole economy.

Understanding the Impact of Seasonal Climate Change on Canada's Economy by Region and Sector