Tag Archives: Conservative party

Cost of Climate Change

Canada’s Environment Minister says the federal government will take a ‘long, hard look’ at upping its climate target following IPCC report

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

As the world stares down an ongoing and rapidly worsening climate crisis, wealthy countries like Canada must hit the “fast-forward button” and push up their net-zero emissions deadlines to 2040, United Nations Secretary General António Guterres said Monday.

Guterres’ remarks accompanied the latest report from the Intergovernmental Panel on Climate Change (IPCC) — the last of this decade — which shows the goal of keeping global warming under 1.5 C “is achievable,” he said. “But it will take a quantum leap in climate action.”

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Rivers & Oceans

Fisheries and Oceans Canada faces deluge of calls to improve ‘suspect’ science

Canada’s National Observer, Local Journalism Initiative Reporter

The Department of Fisheries and Oceans is being flooded with calls for change after a parliamentary committee examined how the federal agency conducts, interprets and acts on its own science. 

The investigation ended with 49 recommendations to address concerns about how DFO science is presented to the fisheries minister and the public before important political decisions are made — particularly those involving B.C. salmon farms or commercial fisheries on either coast. 

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Food

Parliamentary committee questions grocery chain CEOs over high food prices while studying food price inflation

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

Grocery chain CEOs fielded tough questions from MPs at a parliamentary committee meeting attempting to get to the root of why Canadians are facing such high food prices.

Across the food and beverage industry, net income has more than doubled, and this is reflected in the balance sheets of all three companies under scrutiny at the committee, said Liberal MP Ryan Turnbull.

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Finances

Seven ways to tackle inflation without raising interest rates

Originally published on Corporate Knights

Editor’s note: Guy Dauncey’s Big Solutions: Raising interest rates is a cruel cudgel that hurts the most vulnerable. There are other responses that governments and central banks should consider.

By Guy Dauncey

There are many causes of inflation, but there’s only one solution central banks seem willing to consider: increase interest rates. This has many people scratching their heads: Why would this bring down the price of rent, food or gas? Won’t it increase costs for anyone who pays interest on a variable-rate mortgage or consumer loan? And won’t it make essential green investments more difficult?

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Forests

Leaked letter puts focus on Canada’s forestry trade priorities ahead of COP15

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

Canada supports the goals of the European Union’s forestry trade rules, Environment Minister Steven Guilbeault says, after a leaked letter recently revealed the country’s efforts to water down proposed EU regulations right before the United Nations’ global biodiversity conference kicks off in Montreal.

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