Canada faces environmental problems that threaten stock of natural capital— endowment of natural resources such as water, forests, land, and atmosphere—and the flow of goods and services that natural capital generates, known as ecosystem services. Much of the literature focuses on climate change and greenhouse gas emissions, but many other challenges persist, including air and water pollution, risks from oil and gas extraction, water scarcity, flooding, loss of natural areas, threatened species, and toxic spills. While regulatory responses exist, their effectiveness is questionable with relatively little use of market-based instruments. The researchers focus on the challenges associated with measuring and developing policy to sustain natural capital and ecosystem services. The authors highlight problems and identify policy options and “big ideas” that may help both to improve understanding of the linkages between natural capital, ecosystem services, and human well-being and to achieve a more sustainable future.