Hon. Rosa Galvez: My question is for the Chair of the Standing Senate Committee on Banking, Commerce and the Economy.

[English]

Senator Wallin, last month, I had the opportunity to speak at the Global Parliamentary Forum of the World Bank and International Monetary Fund, or IMF, in Washington where the buzz was all about the opportunities around the race to net zero.

The U.S. Inflation Reduction Act, or IRA, has turbocharged both business investment and emissions reduction south of the border. I understand your committee is undertaking a study on business investment in Canada. Witnesses for this study have spoken both about how the U.S. IRA impacts us and about the opportunities associated with the transition to a low-carbon economy, which include technological and business innovation in renewables, energy efficiency, electric vehicles, agriculture and sustainable finance broadly. Investing in these areas cannot only help reduce greenhouse gas emissions and mitigate climate change, but also can provide a competitive advantage and financial return for investors. This is happening in developing nations all over.

Considering the importance and relevance of these topics to business investment in Canada, does your committee plan to hear witnesses who specialize in these key areas? If yes, can you elaborate? Thank you.