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Industry committee  Well, these definitions are important—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Masse, since you don't want a definition.... You asked about carbon neutrality. Brookfield Asset Management is carbon neutral because the scale of the emissions reduced are more than twice the emissions of, for example, Toronto. There are 20,000 megawatts of renewable power.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Well, I'm sorry, Mr. Masse, but you are asking about different things, and this is important. So, again, from a Canadian perspective, neutrality or avoided emissions would include—this is not an issue for Brookfield, but for Canada as a whole—the preservation of nature-based sol

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, the power supply in Ontario is subject to rules that are set. One of the most important things—and I'll go back to my earlier comments to the committee—is that to build a competitive, inclusive and sustainable economy on a foundation of sustainable power, it is cri

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Mr. Poilievre, before you stopped my answer.... you're giving one characterization of the power policy of the Government of Ontario, and there is a new Government of Ontario, I would add, that also has the ability to change a broad range of policies—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  It is a locked-in contract—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  —and a relevant point. No, I'm just waiting for you to acknowledge it. I appreciate your acknowledging it, but what's also relevant and exceptionally important for Ms. Hucul and people in her situation.... One of the tragedies we have in Ontario and in Canada is people living in

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Now the instrument of solidarity to address poverty, broader poverty, is not targeted energy policy but a broader range of support policies—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  First off, thank you for the question, Mr. Poilievre. I do not have knowledge of that. I can write back to the committee on it, but honestly, I don't know the answer.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  To be specific, Monsieur Poilievre, my responsibilities are for developing an impact strategy, which is a new strategy at Brookfield. I'm not responsible for previous activities, although Brookfield has much to recommend it as a great Canadian company that has built a renewable—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Well, the first thing, Mr. Poilievre, is that the energy policy of Ontario is the responsibility of the Government of Ontario. It has been put in place. Part of that energy policy, as you know, has been to diversify energy sources. I'd associate myself with the comments by Mr. Br

May 27th, 2021Committee meeting

Mark Carney

Industry committee  Thank you very much, Madam Chair. Thanks to the members for the invitation and for your service. I have just five minutes, so I will focus on five points. First, fiscal sustainability is a necessary condition for Canadian prosperity. Parliament has provided extraordinary supp

May 27th, 2021Committee meeting

Mark Carney