Environment committee   on Climate Change” clearly illustrated the cost associated with weather-related events in Canada, which were equivalent to 5% to 6% of annual gross domestic product growth. These costs have real consequences for households and business owners. For example, a major lender recently

Environment committee  Canada has set out what's called a whole-of-government approach to tackling climate change. Another analogy is “all hands on deck”. It's open to Canada, as responsible for meeting its own target, to determine which institutions are going to be involved in that whole

Environment committee   of Canada's deputy governor said it was time to “break the glass” on productivity, warning us that Canada's lagging productivity had reached an emergency level. Against this economic backdrop, the effects of climate change are undeniably upon us. The last 12 months have been the hottest

Environment committee   by contaminated sites. I will now move on to the remaining three reports on measures to combat climate change. Our recent reports examined the two largest emission sectors. This year, we looked at other major sources of emissions, which are building materials, manufacturing industries

Environment committee   with separating the financial system from consideration of climate change risks?

Environment committee   countries on investing in a climate-resilient future. So it's a matter of will. I would even say that our lesson 1 is related to the question you raised. More effective leadership and coordination are needed to advance commitments respecting the fight against climate change. We need

Environment committee   thinking of health and everything related thereto, which ultimately means environmental and climate change issues.

Environment committee  Going in the right direction would be year-over-year decreases in total emissions. Recall that for 2026 Canada is just trying to get back to approximately where it started in 1990, when it ostensibly began getting serious about fighting climate change, along with its partners

Environment committee  I have committed to do more than the bare minimum under the newish net-zero act, which required a report on Canada's performance in mitigating climate change at least every five years. We issued our first one last year, and we will issue another one this fall. In the course

Environment committee   not democratic and that doesn't respect human rights can still attract capital. Could you comment on the importance, though, of having a stable political climate where we are working together on climate change versus one where we're all going to axe the tax and walk away from any financial

Environment committee  I am going to give you another example. As my party's environment and climate change critic, I meet with dozens of groups every week or every month, including people from the manufacturing sector, who want to improve their environmental footprint. Recently, I met with people

Environment committee   work plan. Do you not think, though, that it is the role of the government to make laws and regulations, and businesses will then have to adapt to them? I recall that this is exactly what Lord Deben said when he was on the United Kingdom's climate change committee: We have to make

Environment committee  That's difficult math. I would say that finance doesn't solve climate change, but everything that does essentially requires financing. When you think about a company that has to put in CCUS or a building that has to have renovations, all that is backed by financing. Maybe I

Environment committee   in the face of climate change, it's essential that finance flows in an aligned manner. Furthermore, the amount of investment required to adjust energy systems, materials and industrial processes and to commercialize new technologies is well beyond the reach of the public sector, and in any

Environment committee   climate change, how things are getting so much better on the greenhouse gas emissions front, how our investments are targeted and how everything is working. However, Mr. DeMarco told us last week that it really isn't working as well as people think despite all the money being spent. I