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Natural Resources committee  Thanks for the open-ended question. I appreciate it. I think we're fortunate. We're at a moment in time where everybody realizes that electric vehicles are here. There's no question that they're here. If it's a question of when, there are a variety of forecasts around of when ex

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Obviously, a number of competing factors are at play. Capital markets like to see processes streamlined and like to see investments advance exploration to development to mines. Certainly that's what investors like to see. Government obviously has to weigh a number of factors in

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Sure, I'd be happy to. I completely agree with your comments. Copper is critical for this transition. Think about charging stations alone and the need for copper to support electric vehicles. Canada has a great skill set in copper. There are many mines throughout the country in

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Thank you for the question. Just this Wednesday, BMO announced a net zero policy. As part of that, BMO also has a fund focused on sustainable finance. We also have a portion of BMO asset management overall in BMO GAM that has an ESG-focused investment arm. I admittedly don't hav

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  It's a great question. I wish I were better placed to actually answer it. I'm so focused on just metals and mining—my clients are metal and mining companies—that I really focus on the first part of the value chain. I recognize your limited time and I don't want to take your time

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Sure. That's no problem.

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  In my experience, I think it is quite limited that it occurs that way. I think the flow-through truly drives exploration activity across a number of commodities. I think we've seen great benefits throughout the sector and the capital markets through flow-through. I think a very

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Sure. I'm happy to. Thanks for the question. It's great to hear that you've had folks like Benchmark come to speak with you, because they are experts in the field of supply and demand, and I think they would have great insights for the committee. Admittedly, from where I sit,

March 12th, 2021Committee meeting

Ilan Bahar

Natural Resources committee  Thank you, Mr. Chair. Bonjour. My name is Ilan Bahar. I am the co-head of BMO Capital Markets' global metals and mining group in investment and corporate banking. Thank you very much for inviting me to speak with you today. We at BMO greatly appreciate the opportunity to take p

March 12th, 2021Committee meeting

Ilan Bahar