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Researcher from the School of Accounting and Finance cautions that clear regulatory oversight is needed to protect investors.

The topic of sustainability is becoming increasingly popular in the investment world with sustainable investing creating a large global impact. This significant shift lead the School of Accounting and Finance's (SAF) Dr. Adam Vitalis and his co-authors to research how green labels attract investors to certain projects which can open the door to greenwashing. 

The Government of Canada announced an investment of C$350 million to support the newly launched Initiative for Sustainable Aviation Technology (INSAT), aimed at supporting research and development into sustainable aviation technologies, and accelerating the aerospace industry’s green transformation.

According to a government statement, the new INSAT investment will aim to establish a pan-Canadian, industry-led network, focused on funding R&D projects. The projects will target four key technology areas, including hybrid and alternative propulsion, aircraft architecture and systems integration, the transition to alternative fuels, and aircraft support infrastructure and operations.

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