Industry committee  Very briefly, I would recommend that in terms of the role of SMEs in the economy the committee look at the U.S. federal acquisition regulation, subpart 19.7, on the small business subcontracting program. That is the U.S. law that requires SME procurement for all major contracts b

Industry committee  The clean future act is legislation that is making its way to the house floor, so it's obviously legislation that's still being considered. I thought the comments that I brought as a witness would be appreciated by all parties of this committee, in terms of the idea of a highly d

Industry committee  Each province, as you know, under the carbon legislation of Canada has to show progress in terms of reducing emissions. I think there are areas in which the Government of Canada has an important role to play. In the build back better plan we pointed one of those out, which is int

Industry committee  Thank you very much for the question. The build back better plan tries to do two things. It tries to solve for carbon, so it actually puts Canada on a path that is consistent with the goal of reducing emissions by 45% by 2030, but it also tries to stimulate the economy. The pla

Industry committee  This committee could request it and require a report, yes.

Industry committee  The EU has a very concerted strategy to enable SMEs to become a more significant part of its economy. It's not a surprise, therefore, that when the EU decides to deploy over $700 billion in capital over three years, it includes a requirement for all public stimulus of private sec

Industry committee  I would like to begin by stating that my home is on the unceded territory of the Algonquin Anishinaabe Nation, and that this land has contributed to my privilege. I want to thank those who are working to protect and care for us during this pandemic. Distinguished members of the

Natural Resources committee  That's a great question. There are many people who are thinking about this now because infrastructure is recognized as being vital to meeting our climate goals, and yet we don't actually have a lot of experience in building infrastructure while knowing that we have to have a pric

Natural Resources committee  No, and we need to work on that.

Natural Resources committee  If, whenever we updated regulation, we had a test that specified that we need to have the best available technology and need only to specify performance, not the means to achieve it, then we would probably get closer to a regulatory system that was consistent with our fiscal desi

Natural Resources committee  As I said, there are two things: performance and best available technology. If you have a performance goal, which is carbon intensity of some kind, and you have a commitment to making sure that all technologies are considered and that the best available technology is the standard

Natural Resources committee  Shall I go first? The U.S. has grown its exports of environmental goods quite smartly, but obviously China has grown them more quickly. I think we have an opportunity to partner with China. We've recently received a guest editorial from the Chinese minister counsellor, second in

Natural Resources committee  That's okay. There is a global initiative under the G20, and there has been for many years, for there to be a prompt phase-out of fossil fuel subsidies so there can actually be positive carbon pricing, because if you have subsidies and carbon pricing, you end up with negative ca

Natural Resources committee  In total, it's $6.3 billion. You could underwrite a lot of performance contract risk with that. The G7 and G20 are now moving toward fossil fuel subsidies being wound down in order to enable carbon-reducing infrastructure investments and risk mitigation.

Natural Resources committee  I can give you a quick explanation of that. When Alberta did the methane regulations, the innovators who are now helping to mitigate methane in the U.S., as an example, were not invited to the regulatory consultations. We established a methane regulation target that did not acco