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At committee: Monetary policy, arms exports to Turkey, economic recovery


iPolitics
By Kady O Malley. Published on Apr 27, 2021 6:31am
Bank of Governor Tiff Macklem testifies before the House finance commitee today. LUCAS OLENIUK / TORONTO STAR
Bank of Canada Governor Tiff Macklem can expect to be cross-examined over what
Conservative finance critic Pierre Poilievre describes as the “crackpot ‘Modern’ Monetary Theory of paying bills with printed cash” when he appears before
FINANCE later today to go over the details of the latest quarterly report on monetary policy, which was released last week.
Following the one-hour session with the central bank chief,
Parliamentary Budget Officer Yves Giroux and his team will brief MPs on their recent “economic and fiscal outlook.” (4 – 6 PM) ....

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What We're Watching: Budget vote; Tories' push to extend tax deadline


iPolitics
By Kady O Malley. Published on Apr 25, 2021 4:00pm
Finance Minister Chrystia Freeland, pictured in the House of Commons in November 2020, will see her inaugural budget put to a vote on Monday. (CPAC)
It may not be a cliffhanger, but it will still mark a milestone for the minority Liberal government: Barring a sudden twist in the cross-aisle plot,
Finance Minister Chrystia Freeland’s inaugural budget is expected to sail through the last of three votes required to secure the official preliminary approval of the House on Monday evening. This will bring to a close the latest round of confidence checks with her party still in power, at least for the moment. ....

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Complacency on climate change is 'the larger gamble' for corporations


The Globe and Mail
Jameson Berkow
Published February 11, 2021
Richard Vogel/The Associated Press
Plans to combat climate change are quickly evolving from nice-to-have to necessary for survival in the corporate world.
Pledges to go carbon-neutral, once billed as bold acts of environmental leadership, are now key to maintaining a competitive edge across many sectors.
“We have entered a phase where staying with the status quo is now the larger gamble,” says Matthew Hoffman, a political-science professor at the University of Toronto and co-director of its Environmental Governance Lab.
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“The entire business environment is now climate-constrained. There are enough trend lines in terms of market signals, policy signals and social signals that we should be seeing more announcements” around net-zero emission. ....

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