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This article originally appeared in the Financial Post. In November, InvestNow, the not-for-profit of which I’m executive director, submitted shareholder proposals to Canada’s Big Five banks asking them to exit both the Net Zero Banking Alliance (NZBA) and the Glasgow Financial Alliance for Net Zero (GFANZ). These are two interrelated, UN-sponsored, and Mark Carney-led organizations whose […]

This article originally appeared in the Financial Post. In 2021, Canada’s Big Five banks — TD, CIBC, BMO, Scotiabank and RBC — all signed on to the Global Financial Alliance (GFANZ) and the Net Zero Banking Alliance (NZBA). The UN-sponsored, Mark Carney-led GFANZ was launched in April of that year. Self-described as a sector-wide coalition, its goal […]

This article originally appeared in the Financial Post. If the Canadian oil and gas industry has not yet realized it is at war with the current federal government, enactment into law of Bill C-59 last month should open its eyes. The bill makes significant amendments to the Competition Act, with an eye towards combating so-called […]

This article originally appeared in the C2C Journal. No matter what business they engage in, the purpose of all corporations – their raison d’être – is to generate returns on their shareholders’ investment and to maximize shareholder value by achieving a rising price in the stock market, paying dividends to shareholders, and eventually perhaps engineering […]

This article originally appeared in the Western Standard The Canadian Senate, according to the old saying, is the house of “sober second thought,” where proposed laws are supposed to receive careful consideration before they’re passed. Well, having recently testified before a Senate Committee about a piece of environmentalist legislation, I can’t help wondering if that […]