Policy Recommendations
We make informed policy recommendations to regulators and other institutions at the provincial and federal levels. Here is a list of our submissions to policymakers.
Submission to the International Accounting Standards Board on the Exposure Draft Climate-related and Other Uncertainties in the Financial Statements, Proposed illustrative examples
International Accounting Standards Board (IASB) aims to offer further guidance to preparers by using examples regarding what may constitute decision-useful information in climate and sustainability reporting. The Canada Climate Law Initiative comments on IASB’s Exposure Draft Climate-related and Other Uncertainties in the Financial Statements, Proposed illustrative examples.
Read moreRecommendations to the House of Commons’ Standing Committee on Environment and Sustainable Development
Dr. Janis Sarra (Professor of Law Emertia, Peter A. Allard School of Law) appeared as part of a panel of witnesses to House of Commons’ Standing Committee on Environment and Sustainable Development in its study of the environment and climate impacts related to the Canadian financial system on October 30, 2024.
Read moreSubmission to the Competition Bureau Canada on the Competition Act’s new greenwashing provisions
The Canada Climate Law Initiative makes recommendations to the Competition Bureau Canada on the Competition Act’s new greenwashing provisions. We believe clear guidelines will help organizations understand their obligations and ensure their environmental claims comply with the law.
Read moreSubmission to the House of Commons Standing Committee on Finance for the Pre-budget Consultations in Advance of the 2025 Federal Budget
The Canada Climate Law Initiative makes three recommendations to the Finance Committee regarding priorities for the next federal budget in this submission. We believe three key policy changes can effectively amplify federal action on the management of climate-related financial risks and opportunities, and help support a sustainable economy for Canadians.
Read moreSubmission to the Canadian Sustainability Standards Board on CSDS 1 and CSDS 2
In our submission to the Canadian Sustainability Standards Board (CSSB) consultation on proposed Canadian Sustainability Disclosure Standard (CSDS) 1 General Requirements for Disclosure of Sustainability-related Financial Information (CSDS 1) and CSDS 2 Climate-related Disclosures (CSDS 2), we make three recommendations: 1. The CSSB should fully adopt IFRS S1 and IFRS S2 in CSDS 1 and […]
Read moreSubmission on Strengthening the Climate Resilience and Sustainability of the Ontario Financial Services Sector
The Financial Services Regulatory Authority of Ontario (FSRAO) has an important role in supervising the integrity of the financial system. The Canada Climate Law Initiative makes this submission to request that FSRAO develop specific guidelines on the management of climate-related risks for entities in the sectors it supervises. We share seven recommendations to enhance Ontario’s […]
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