"In its latest budget, the Trudeau government outlined plans to require federally-regulated financial institutions including Canada’s big five banks to report on financial risks related to environmental practises beginning in 2024. According to the plan, those institutions must collect and report climate risk and emissions data from their clients. In other words, if you’re a company that wants to do business with a bank in Canada, you’ll soon need to disclose your environmental practises (the E in ESG)."

https://www.fraserinstitute.org/article/government-mandated-esg-disclosures-a-reality-check

Appeared in National Newswatch, November 23, 2022