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AEG Comment on CSDS 2 Climate-related Disclosure Standards
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
2023 With a Lot of Help From Government
The article discusses various predictions and concerns for Canada in 2023, including inflation, economic growth, and tensions between resource-rich provinces and climate-frenzy Ottawa. The fastest-growing economies are predicted to be Guyana, Libya, and Venezuela due to oil and gas development and political stability. There is also a rise in environmentalists looking to end the fossil fuel industry, which is causing tension with oilfield workers. Housing insecurity and economic hardship are also concerns. Additionally, the article notes that Canada has spent millions of dollars on COVID isolation hotels due to a lack of notice of vacating.
The article discusses various predictions and concerns for Canada in 2023, including inflation, economic growth, and tensions between resource-rich provinces and climate-frenzy Ottawa. The fastest-growing economies are predicted to be Guyana, Libya, and Venezuela due to oil and gas development and political stability. There is also a rise in environmentalists looking to end the fossil fuel industry, which is causing tension with oilfield workers. Housing insecurity and economic hardship are also concerns. Additionally, the article notes that Canada has spent millions of dollars on COVID isolation hotels due to a lack of notice of vacating.
