Canada, like many other countries, is increasingly focusing on transition to a green economy, realizing the problems associated with climate change, carbon emissions and the growing need for energy conservation. Canada is a large country with huge resources and potential for the development of a green economy. The Canadian approach to implementing a green strategy based on clean technologies and best production methods is comprehensively explored. Key government policies and programs to stimulate the development of green sectors of the economy, reduce greenhouse gas emissions and combat climate change are analyzed. The main projects and initiatives aiming to accelerate the transition to renewable energy sources and increase the level of energy efficiency, as well as measures to stimulate environmental consumption among the population and attract foreign investment in the field of green economy, were studied. The role of provinces, territories and municipalities in the development of a green economy are also discussed.