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Industry committee  We have a public strategy. I would like to answer the question.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I don't lobby, period.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Well, one of the ways to help small and medium-sized businesses is to ensure that our larger businesses are transitioning to net zero and are doing so in a transparent and comprehensive fashion. Let me explain what I mean by that. The extent to which the larger companies includ

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, as you said moments ago, there are contracts put in place between the Ontario government and players in the Ontario power market that are providing electricity for Ontarians—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —so both sides of those contracts are honoured.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  As I said in my presentation, we should avoid structural deficits. Therefore, I make a distinction, as I believe you do, between the support that is provided during the COVID emergency and, once we emerge from this situation, avoiding having deficits being driven by current spend

May 27th, 2021Committee meeting

Mark Carney

Industry committee  In my judgment, it is on a sustainable fiscal path because the deficit by the end of year five is largely driven.... In fact, from what I can tell, it is driven by those growth-promoting measures, yes.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  For Canada, no. Canada's situation is very strong. We must use, though, if I may add, our fiscal resources very wisely and—particularly with respect to the point of this committee's inquiry—to affect the type of proposals that have been discussed by my colleagues.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Advised? I have been asked questions from time to time by ministers and deputies, yes.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I have talked to some ministers about climate finance. I would remind—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  If I could, may I...?

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Well, I am the UN special envoy on climate action and finance. I have spoken to ministers, deputy ministers and leaders.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I would add, if I may—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, I began with “yes”. That is not a dodge.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Thank you, Mr. Masse. Let me use the terms very precisely. You asked the question about carbon neutral. I'm going to distinguish between carbon neutral and net zero. Carbon neutral relates to emissions reductions and avoidance. Net zero, of course, is reductions versus emission

May 27th, 2021Committee meeting

Mark Carney