Thank you, Mr. Ste‑Marie.
First, I want to make a quick comment. Your colleague, Mr. McLean, referred earlier to the witnesses as rent‑seekers. I want to clarify that only one of my four recommendations today calls for money. The others concern, for example, the elimination of fossil fuel subsidies. If you want to work on reducing federal government spending, I'll gladly work with the government.
Regarding your question, Mr. Ste‑Marie, I want to draw your attention to section 23 of Bill C‑12, which was passed, or the Canadian Net‑Zero Emissions Accountability Act:
23. The Minister of Finance must, in cooperation with the Minister [of the Environment], prepare an annual report respecting key measures that the federal public administration has taken to manage its financial risks and opportunities related to climate change. The Minister of Finance must make that report available to the public.
We're asking that this section be implemented as soon as the budget is tabled and that the parameters be defined. This good responsibility was established. However, we don't have all the parameters on what climate accountability will look like. We need these parameters, because we must know how the various government departments and agencies will ensure that they support the greenhouse gas reduction targets, which have been set at 40%, 45%.