Mr. Speaker, I welcome the comments from my fellow Nova Scotian across the way.
Canada remains committed to its climate change targets to reduce greenhouse gas emissions, and our action and leadership demonstrate this. Canada's latest emissions trends report projects that as a result of existing measures and actions from all levels of government, consumers, and businesses, Canada's GHG emissions in 2020 will be 734 megatons.
This means we have reduced emissions by 128 megatons compared to where Canada's emissions were projected to be in 2020 if no measures were taken to reduce emissions since 2005.
Canada has continued to demonstrate leadership on the international stage as well. Representing less than 2% of the global emissions of greenhouse gases, Canada understands the importance for any international climate change agreement to include the participation of and action from all major emitters.
That is why, at COP 19 in Warsaw, we continued to push for such an agreement, and the outcome from Warsaw firmly solidified that position.
Canada's leadership was also instrumental in achieving a breakthrough in Warsaw on an important initiative to help developing countries reduce deforestation and forest degradation, which account for nearly 15% of global greenhouse gas emissions.
I would like to highlight that in addition to the negotiations at COP 19, Canada participated in important meetings, including the High Level Assembly of the Climate and Clean Air Coalition. Being a top donor for the coalition, Canada's contribution has been significant and is leading to practical actions being implemented to achieve near-term emissions reduction.
Canadians should also be proud to know that this leadership is being recognized on the world stage. In fact, while the minister was in Warsaw, she heard from a number of representatives from other countries who thanked and praised Canada for its environmental record. This record includes a systemic sector-by-sector regulatory approach to address greenhouse gas emissions.
So far the federal government has contributed to reducing Canada's emissions through stringent regulations for the transportation and electricity sectors, two of the largest sources of emissions in Canada.
As a result of our action to date, Canada has strengthened its position as a world leader in clean electricity generation by becoming the first major coal user to ban future construction of traditional coal-fired electricity generation units. In 2025, passenger vehicles and light trucks will emit about half as many greenhouse gas emissions as 2008 models, and greenhouse gas emissions from 2018 model year heavy-duty vehicles will be reduced by up to 23%.
Our collective actions are achieving success. Between 2005 and 2011, Canadian GHG emissions have decreased by 4.8%, while the economy has grown by 8.4%. Moreover, per capita emissions are at an historic low of 20.4 tons of carbon dioxide equivalent per person, their lowest level since tracking began in 1990.
Our government will continue to show strong leadership on this file.