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House Hansard - 332

44th Parl. 1st Sess.
June 14, 2024 10:00AM
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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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.
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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.
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