A few green measures

US Pres Barack Obama would like to see ecological virtue ethics adopted worldwide. Just look at the leaf-bearing emblem that will be displayed on projects funded by the US$787-billion stimulus package. One glance is all it takes to comprehend the new US governments commitment to the environment. Despite the economic and financial crisis, the US focus on ecological virtue is spreading across the border to Ottawa. The Canadian government needs to think outside the box to convince businesses to become genuine green giants. Possible options include green taxation, an ingenious economic instrument that links ecological virtue to economic decision-making processes. The Organization for Economic Cooperation and Development has been promoting green taxation since the dawn of the ecological age. A growing number of Canadian SMEs would like to go green, and a tax stimulus could help them make the transition. The Income Tax Act sets no limit for the eligible amount of an ecogift