The soon-to-be prime minister's plan for net-zero banking would have devastated the country
Ross McKitrick argues that Mark Carney, likely to become Canada's next prime minister, has a conflict of interest due to his previous efforts to defund Canada's fossil fuel-dependent industries through initiatives like GFANZ, which pressured financial institutions to cut off financing. McKitrick highlights Carney's climate goals and the potential for his past actions to harm Canada's ability to address a trade crisis requiring new energy infrastructure. He calls for Carney to disavow his previous positions and repeal OSFI's Climate Risk Management guideline.
