The Financial Post reports in its Wednesday edition that climate resilience has emerged as a key theme shaping government policies and transforming markets. Guest columnist Aman Budhwar writes that a recent report by Blackrock Investment Institute estimates extreme weather -- the fires, hurricanes, floods, and tornadoes that have been front-page news all summer -- could clip more than 5 per cent from economic activity by 2050, even as the low-carbon transition evolves. Current and future investment decisions need to factor in the various effects of policy, production, consumption patterns and capital allocation during the transition to a low-carbon world. Many companies are poised to benefit from the clean energy transition and some of them are in Canada. For example, Stella-Jones produces pressure-treated wood products including railway ties and timbers for commercial railway operators and wood utility poles for electrical utilities and telcos. It stands to benefit as utilities are planning their biggest spending increase in decades to replace aging equipment, prepare for a surge in power demand driven by EV adoption and strengthen their systems to withstand severe weather patterns linked to climate change.