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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  —so both sides of those contracts are honoured.

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  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 spending, which as I said in my presentation, do not grow the economy in the future.

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  —with respect to COP26, and that the United Nations and the U.K. government have determined—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  If I may, I have testified about a hundred times to Parliament over my career.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I am normally allowed to answer the question.

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I would remind your that I am an envoy of the United Nations, an adviser to the U.K. Prime Minister—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I'm sorry, I'm not going to have the premises of that question stand. I do not intervene. I do not influence. I would remind the members of this committee—

May 27th, 2021Committee meeting

Mark Carney

Industry committee  I represent the United Nations. I represent the U.K. government.

May 27th, 2021Committee meeting

Mark Carney