SoVote

Decentralized Democracy

House Hansard - 332

44th Parl. 1st Sess.
June 14, 2024 10:00AM
Context: House Hansard - 332 - Jun/14/24
Ms. Lindsay Mathyssen (London—Fanshawe, NDP)
  • Jun/14/24 10:13:22 a.m.
  • Watch
Madam Speaker, I certainly agree with the speaker across that there is a fundamental difference in terms of how we treat people in this world and how we truly see them as people. With that in mind, the NDP is concerned about the fact that robust financial supports need to be provided to the commission to ensure it gets running quickly, considering a lot of these cases are so urgent. Could the member speak to the need to ensure funding for the commission?
83 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 332 - Jun/14/24
Hon. Steven Guilbeault (Minister of Environment and Climate Change, Lib.)
  • Jun/14/24 11:29:02 a.m.
  • Watch
Madam Speaker, I would agree with my hon. colleague. We think that bank executives should be doing more when it comes to fighting climate change, and putting money where their mouth is, which is why the Office of the Superintendent of Financial Institutions is putting in place measures to ensure that the officials at banks and other financial institutions disclose their climate risks. We have also committed to and put in place measures to ensure that we have a taxonomy principle in Canada, so we ensure that green investments that are made are actually green.
95 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 332 - Jun/14/24
Hon. Steven Guilbeault (Minister of Environment and Climate Change, Lib.)
  • Jun/14/24 11:37:21 a.m.
  • Watch
Madam Speaker, I thank my colleague for her question. She should know that the Office of the Superintendent of Financial Institutions is already implementing measures to ensure that all financial institutions in Canada, not just the big banks, disclose their investments in fossil fuels and their exposure to climate change risks. That is already being done, thanks to our government.
60 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 332 - Jun/14/24
Hon. Steven Guilbeault (Minister of Environment and Climate Change, Lib.)
  • Jun/14/24 11:38:28 a.m.
  • Watch
Madam Speaker, with all due respect, I must correct my colleague. This is not optional. It is an obligation that Canada's Office of the Superintendent of Financial Institutions is going to impose on all financial institutions. My colleague is speaking only about the big banks. I am not talking only about the big banks, I am talking about all financial institutions. The two of us agree on one thing, however. We agree that the big banks should be doing more to fight climate change, and we are going to work to make sure that happens.
96 words
  • Hear!
  • Rabble!
  • star_border