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 Standing Committee on Finance’s Pre-budget Consultations in Advance of the Upcoming 2025 Fall Federal Budget
The Canada Climate Law Initiative shares recommendations to the Standing Committee of Finance on the upcoming federal budget. We make three recommendations to amplify federal action on climate-related financial risks and opportunities, moving capital towards sustainable economic activities, and strengthening Canada’s economy: 1. Amend Canada Business Corporations Act Regulation SOR/2001-512 to include a new sub-section: […]
Read moreReinforcing Fiduciary Duties, Prudential Oversight and Mandatory Climate Disclosures in CAPSA’s Beyond-2026 Strategic Plan
We commend the Canadian Association of Pension Supervisory Authorities (CAPSA) for its steadfast commitment to coordinating and harmonizing pension regulatory principles across Canada “to improve pension plan administration and support pension plan administrators in meeting their fiduciary duty”. As CAPSA finalizes its next strategic plan, we urge the inclusion of a comprehensive framework that places […]
Read moreSubmission to IFRS ISSB on IFRS S2 Amendments to Greenhouse Gas Emissions Disclosures
The International Financial Reporting Standards Foundation (IFRS) and its International Sustainability Standards Board (ISSB) provided the opportunity to comment on the exposure draft proposing amendments to IFRS S2 Climate-related Disclosures. The amendments would provide reliefs to ease application of requirements related to the disclosure of greenhouse gas (GHG) emissions. The Canada Climate Law Initiative (CCLI) […]
Read moreOpen Letter to the Hon. Mark Carney, Prime Minister of Canada
The Canada Climate Law Initiative congratulates the Hon. Mark Carney on a successful campaign to serve as Prime Minister of Canada. Our initiative looks forward to working closely in partnership with the newly formed government. Below is an open letter sent to Prime Minister Carney. Dear Prime Minister Carney, On behalf of the Canada Climate Law […]
Read moreSubmission to the Canadian Sustainability Standards Board on their proposed 2025-2028 Strategic Plan
The Canada Climate Law Initiative responded to the Canadian Sustainability Standards Board (CSSB) consultation on their proposed 2025-2028 Strategic Plan. To facilitate the adoption of the Canadian Sustainability Disclosure Standards (CSDS) 1 and 2 through a strengthened strategic plan, we recommend:
Read moreSubmission to Finance Canada: Pre-budget consultations in advance of the 2025 spring federal budget
Pre-budget consultations are an opportunity for Canadians from across the country to contribute to shaping the Government of Canada’s policies and priorities for Canada’s future. The Canada Climate Law Initiative submitted recommendations to Finance Canada regarding priorities for the spring 2025 federal budget. We make three suggestions to improve federal management of climate-related financial risks […]
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