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Decentralized Democracy

House Hansard - 332

44th Parl. 1st Sess.
June 14, 2024 10:00AM
Context: House Hansard - 332 - Jun/14/24
Ms. Laurel Collins (Victoria, NDP)
  • Jun/14/24 11:28:26 a.m.
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Madam Speaker, as Canadians choke on smoke and flee from wildfires, Canada's biggest banks are handing out even more money to oil and gas companies. Under the Liberals, Canadian banks have become some of the biggest financiers of fossil fuels in the world. The Conservatives are happy to let these banks put profits over our planet. Canadians are struggling with the cost of living and the climate emergency while the banks fuel both of these crises to get even richer. Why are the Liberals letting big banks off the hook?
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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.
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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.
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