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Industry committee That's provided they're refundable, yes.
May 27th, 2021Committee meeting
Mark Carney
Industry committee I recognize that time is short, so thank you for the question. Apart from the financial initiatives, in other words, the ones for the financial sector, which I'll take as read, I would emphasize the advantages of the following. We have not talked about building codes; they are n
May 27th, 2021Committee meeting
Mark Carney
Industry committee I think the biggest thing to avoid is any stop-start policies. It is incredibly valuable to build a track record, to make it clear which technology paths, which energy paths, and which policy paths are going to be used. I will be very clear that I think the move that has been mad
May 27th, 2021Committee meeting
Mark Carney
Industry committee I would just underscore that carbon capture is important for several reasons. First, we've talked a bit about, if I can call it, “conventional” energy, oil and gas, in Canada. We will maximize the lifespan of that energy with carbon capture and storage. That's the first point. S
May 27th, 2021Committee meeting
Mark Carney
Industry committee I think in my opening comments.... I would say that I would reinforce the measures that were proposed in Bill C-12. In the interest of your time, I won't go into further detail on that, but it is one example that's directly relevant to this. Secondly—
May 27th, 2021Committee meeting
Mark Carney
Industry committee I'm giving an answer, if I may. The second thing I would recommend for the government and Parliament to do, for the investment tax credits, which rightly, in my understanding of the budget, address carbon capture and storage and green hydrogen, is expand the application of them
May 27th, 2021Committee meeting
Mark Carney
Industry committee I have no idea.
May 27th, 2021Committee meeting
Mark Carney
Industry committee One thing, Mr. Poilievre, is that, perhaps unlike you, I accept that climate change is real, and I'm aware that over the course of my lifetime and your lifetime, 70% of the mammal species on earth have been reduced. We're talking about the sixth mass extinction, and the issue to
May 27th, 2021Committee meeting
Mark Carney
Industry committee Mr. Poilievre, I have limited time to correct all of the falsehoods in the premise of that statement, but let me go through some. First, I was clear about the contribution of Brookfield, which is absolutely enormous, to renewable energy, including in this country.
May 27th, 2021Committee meeting
Mark Carney
Industry committee As I said, it is the only major asset managed in the past at net zero.
May 27th, 2021Committee meeting
Mark Carney
Industry committee If I may continue, since you had a long—
May 27th, 2021Committee meeting
Mark Carney
Industry committee The commitment to ethically sourcing and vendor management.... I am absolutely committed to first recognizing that there's an energy transition; second, recognizing that by doing so we can create huge job opportunities across the energy sector; third, that it isn't just going to
May 27th, 2021Committee meeting
Mark Carney
Industry committee I do, Mr. Masse.
May 27th, 2021Committee meeting
Mark Carney
Industry committee I'll make two points. The first is that I think it is important that that be included in the responsibilities of the FCAC, the Financial Consumer Agency of Canada, in terms of financial institution conduct and fairness. Secondly, I'd underscore the opportunity, building from yo
May 27th, 2021Committee meeting
Mark Carney
Industry committee I wholeheartedly disagree with your point that this is an ideology. This is a major opportunity for Canadians. It's why I raised it in my opening remarks. I recommend that this committee, the government and Parliament take this seriously and seize this opportunity for Canadians,
May 27th, 2021Committee meeting
Mark Carney