Staff
Canada has launched a council on sustainable finance, the federal government said in a release on Wednesday.
The Sustainable Finance Action Council will bring together public- and private-sector financial expertise to support the growth of sustainable finance.
“Establishing a well-functioning sustainable finance market will give investors confidence in Canada, protect the resilience of the Canadian financial sector in the years ahead, and ensure Canada’s broader long-term economic strength,” the release said.
Kathy Bardswick, former president and CEO of the Co-operators Group Ltd., is council chair. Council members will comprise banks, insurers and pension funds. The first meeting will be in early June.
IE Staff
Canada has launched a council on sustainable finance, the federal government said in a release on Wednesday.
The Sustainable Finance Action Council will bring together public- and private-sector financial expertise to support the growth of sustainable finance.
“Establishing a well-functioning sustainable finance market will give investors confidence in Canada, protect the resilience of the Canadian financial sector in the years ahead, and ensure Canada’s broader long-term economic strength,” the release said.
Kathy Bardswick, former president and CEO of the Co-operators Group Ltd., is council chair. Council members will comprise banks, insurers and pension funds. The first meeting will be in early June.
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Without action, the true cost of women leaving the workforce during the pandemic will be paid well into the future due to the erosion of skills and retracement of gender diversity efforts, Canadian executives warn.
Almost half a million Canadian women who lost their jobs during the pandemic hadn’t returned to work as of January, according to a recent RBC Economics report citing Statistics Canada data, and more than 200,000 had slipped into the ranks of the long-term unemployed. About 100,000 women age 20 and older have left the Canadian labour force entirely since February 2020, 10 times more th