Good morning, everyone.
Thank you, Mr. Chair, members of the committee for having me here today.
I'd like to begin by recognizing that we are meeting on the traditional territory of the Anishinabe Algonquin nation.
I'm happy to be here to discuss my mandate and the 2025-26 supplementary estimates (B) under my portfolio, which includes Environment and Climate Change Canada, the Impact Assessment Agency of Canada and the Canada Water Agency.
With me today, as you noted, Mr. Chair, are Mollie Johnson, deputy minister of environment and climate change, and Terence Hubbard, president of the Impact Assessment Agency of Canada.
This is a defining moment for Canada. The decisions we make today will shape our country for generations to come. Around the world, economies are undergoing a historic transition toward low-carbon energy and technology. This is reshaping trade, investment and jobs at a pace not seen since the Industrial Revolution. It's changing the way we drive, the way we heat and cool our homes, the way we work, and the way we build and power our country.
This transition represents a real opportunity for Canada to be a leader in the economy of the future. That's why in budget 2025, we released the climate competitiveness strategy. The strategy is rooted in a simple truth: Addressing climate change is both a moral obligation and an economic imperative. This strategy provides clarity on fiscal, regulatory and industrial policies to create certainty for businesses to invest, innovate and compete internationally, all while reducing emissions. It also supports major projects to be built more effectively and efficiently.
For example, the Iqaluit Nukkiksautiit hydroelectric project will become Nunavut's first 100% Inuit-owned hydroelectric facility, a milestone in clean energy innovation. This will replace Iqaluit's dependence on 15 million litres of imported diesel each year. This project will advance economic competitiveness while modernizing our infrastructure and lowering emissions.
Climate change is a global challenge that knows no borders. This fall, I co-chaired the G7 and the ministerial meeting on climate action in Toronto, before leading the Canadian delegation at COP30 in Brazil to reaffirm our commitment and strengthen our climate leadership on the international stage. However, this international leadership must be backed by concrete action here at home. Canadians are already feeling the effects of climate change: heat waves, forest fires, droughts, floods and more. These events damage infrastructure and weaken local economies, while affecting our health and natural environments.
Nature conservation is one of the most effective ways to reduce these risks. Healthy ecosystems absorb carbon, protect communities and preserve biodiversity. That's why we are continuing our conservation efforts in partnership with the provinces, territories, indigenous nations and local communities. This summer in the Northwest Territories, I announced our land for the future, an important, indigenous-led conservation project.
We are also making generational investments to strengthen our sovereignty. Budget 2025 provides $2.75 billion over nine years to Environment and Climate Change Canada and Shared Services Canada to acquire a new high-performance computing solution, essential to providing the advanced climate and weather data that Canadians depend on.
Turning to the 2025-26 supplementary estimates (B) for my department, these estimates represent a net proposed increase of $2 million. Some of these changes include a request for $4.9 million over five years, beginning 2025-26, for the extension of the Inuit impact and benefit agreement.
There are also transfers to and from the department—for example, to the Canadian Space Agency and Indigenous Services Canada.
Mr. Chair, I'm going to stop here. I'm happy to take questions from members.