Canada is in a unique position, given its natural resources, and can play a leading role. Also, pointing to other resource-intensive and resource-rich economies in OECD countries, Canadian institutional investors already play a leading role in investing in sustainable infrastructure around the world. There's a need for leadership from the countries that precisely have the resources. This is going to be an enormous challenge. The expectation is that developing countries need to give up their resource-rich economies. It's very hard for the world to secure their participation if there's no leadership amongst, let's say, OECD countries for facing that sort of challenge domestically as well.
On March 21st, 2023. See this statement in context.