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Carney should be the anti-Trump and jettison Brookfield from his portfolio

This article originally appeared in the Financial Post. Since he entered politics, Prime Minister Mark Carney has been accused of actual or perceived conflicts of interests, mainly regarding his connection to Brookfield Corporation. Before running for leader of the Liberal party in 2025, Carney was, first, vice-chair and head of ESG and impact investing and, […]

Banks quit Carney’s net zero alliance. Giving up net zero ideology should be next

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 […]

Our big banks should get out of the UN's Net Zero Banking Alliance

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 […]

Bill C-59 should really be called the 'oil & gas company cancellation act'

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 […]

Indecent Proposals: How Activist Investors Hijacked Responsible Corporate Governance

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 […]

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