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On climate change and disclosure, Canadian businesses must embrace the inevitable

By Roger Beauchemin      

'For global investors, and increasingly Canadian investors as well, climate-related financial disclosure is a growing concern.'

The oil sands in Fort McMurray, Alta. 'Climate change is real. Its business implications are real. Canada has a chance to be prudent and to capitalize on an emerging opportunity,' writes Roger Beauchemin. The Hill Times file photo

Last month, the federal government released its draft legislation to institute a minimum price on carbon. Starting in 2019, businesses in every province will have to pay for the carbon they emit into the atmosphere, whether it’s through a provincial system or a federal “backstop.” This is a clear signal that carbon pricing is here to stay. Any kind of backtracking would require major, synchronized, and controversial policy changes by multiple levels of government. On top of that, carbon pricing is now a clear global trend; China just rolled out the first phase of the largest carbon market in the world.

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‘There’s a risk of excessive polarization of the party’: Harper’s interference in Conservative leadership dividing Conservatives

News|By Abbas Rana
Some Conservatives say Stephen Harper is certainly entitled to his opinion, but others say he should stay out of this critical leadership race.

No more shush deals: Senators ready to press for accountability, harassment reforms once Parliament returns

A Senate subcommittee approved a new policy for dealing with harassment in the Red Chamber before Christmas.

Former diplomats and experts at odds over potential Canadian re-engagement with Tehran

News|By Neil Moss
Some believe that Canada needs to engage globally including with countries that it doesn't agree with, but others say restoring diplomatic relations with Iran will be viewed as a reward.

PCO, Canada’s high commissioner to U.K. likely consulted in royal couple’s plans to move here part time, say experts

News|By Mike Lapointe
Multiple government departments remain quiet on any role they’ve played in the royal couple’s plans to move to Canada part time.

Ottawa to give $25,000 in ‘immediate assistance’ per victim to Canadian families affected by downing of Ukraine International Flight 752

News|By Palak Mangat
Prime Minister Justin Trudeau has enlisted Independent Senator Stan Kutcher, an expert on mental health, to provide advice on how to support the grieving families.

Canada Proud’s Jeff Ballingall joins O’Toole leadership team

The Canada Proud Facebook page, which is followed by more than 190,000 people, posted a glowing quote about Mr. O'Toole from a column by Toronto Sun columnist Brian Lilley.

Public servants still waiting to engage with public service renewal parl sec

News|By Mike Lapointe
Liberal MP Omar Alghabra is the ‘first parliamentary secretary to be tasked to exercise leadership in this area,’ according to the Prime Minister's Office, but unions say they haven’t heard from him yet.

Trudeau set right tone in the days after Flight 752 downing, say foreign policy experts

News|By Neil Moss
Trudeau's comments have underpinned Canada's interests-based foreign policy, says former diplomat Colin Robertson.

One patrol ship and 118 Crown vehicles vandalized, part of $24.2-million in lost property in 2018-19

Federal court pay outs totalled roughly $28.1-million in 2018-19, including a roughly $10-million court award paid out by Global Affairs Canada under NAFTA’s Chapter 11.
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