Recommendations of the Task Force for a Resilient RecoveryThe Prime Minister has indicated that the Liberals are focusing on the recovery phase of the pandemic and that his government will "unveil an ambitious green agenda." Indications of what this will include can be seen on the website of the "Task Force for a Resilient Recovery," where Gerald Butts retreated after he resigned on February 27, 2019 as Trudeau's most senior adviser and principal secretary in the midst of the SNC-Lavalin scandal, at a time Canada's top civil servant, Privy Council Clerk Michael Wernick, also quit. The task force published its final report September 16. It "calls for five bold moves supported by $55.4 billion in investment, to kickstart Canada's long-term economic recovery from COVID-19:" 1.
Invest in climate resilient and energy efficient buildings; The website of the Task Force for a Resilient Recovery contains the following recommendations: "Let's build back better. "As Canada comes out of the COVID crisis, governments and the private sector will turn their attention to building a long-term economic recovery. Let's make that recovery resilient by building back better. "Building back better means supporting the jobs, infrastructure and growth that will keep Canada competitive in the clean economy of the 21st century. "The Task Force for a Resilient Recovery is an independent and diverse group of Canadian finance, policy and sustainability leaders determined to make sure Canada seizes this opportunity." The Task Force's "Backgrounder" says: "Not your typical recession. "The COVID-19 pandemic has locked the world in what will probably be the deepest global recession since the 1930s. In Canada, it has resulted in record job losses that are unique not only in their scale, but also their scope and the types of jobs lost. The burden on Canadian households, businesses, communities and vulnerable populations has been extreme and governments across Canada have responded by investing in much-needed relief measures. "As Canada comes out of the COVID crisis, governments and the private sector will turn their attention to building a long-term economic recovery. "The challenge of recovery will be how to get Canadians back to work quickly while also building back better. Building back better means supporting the jobs, infrastructure and growth that will keep Canada competitive in the clean economy of the 21st century. It means a recovery that ensures not only more jobs in five and ten months, but also in five and ten years. Our focus should not be simply on returning to growth, but on growing smarter and cleaner to support a more resilient future. The post-COVID economic recovery is a critical opportunity to build that future. We need to seize it. "We need to help people get back to work now, in all sectors and regions of the country, at the same time as investing in the future that Canadians want: clean, competitive and resilient." About the Task ForceThe Task Force for a Resilient Recovery says it is "an independent and diverse group of Canadian finance, policy and sustainability leaders." It says its 15 members (see below) "are determined to make sure that Canadian governments get the best advice on building a resilient economic recovery. The Task Force will make actionable recommendations on how governments can use a range of tools -- including direct public investment, leveraging private capital, targeted tax cuts and incentives, regulatory sandboxes (to enable innovation), and behavioural 'nudges' -- to spur jobs and generate lasting economic activity while also helping to build a clean and resilient economy. " It says the Task Force's work "will be informed in part by eight expert advisors, listed below [10 are listed -- TML Ed. Note]. It will also be supported by dedicated economic research from leading institutions, including Smart Prosperity Institute, the International Institute for Sustainable Development and the Transition Accelerator, and their research teams at various universities." It says the Task Force "has been designed not to promote a single interest or opinion, but to collect the most authoritative insights from a diverse group of experts, and to develop a detailed policy framework that will help governments make Canada's economic recovery clean and resilient. Many partners are contributing to this objective." (See list of funding sources and funding partners below.) The "research partners" were to submit background research and briefing notes, made public at the same time they were submitted to the Task Force. The Task Force was to review and revise these research inputs in order to produce the final report and recommendations which reflect the broad consensus of all members." It said, "Research will draw upon cutting-edge academic concepts, insights from leading thinkers and Task Force Expert Advisors, and case studies of international success stories." Task Force
Members: - Andy Chisholm --
Member, Board of Directors, Royal Bank of Canada & Member,
Expert Panel on Sustainable Finance Expert Advisors: - Kathy Bardswick -- President and CEO, Canadian
Institute for Climate Choices Founding partners: Smart Prosperity Institute, International Institute for Sustainable Development, Insurance Bureau of Canada, Ivey Foundation. Funding for the initiative is provided by: The Jarislowsky Foundation, Ivey Foundation, the McConnell Foundation, the Schad Foundation, the Echo Foundation. (RecoveryTaskForce.ca/RepriseResiliente.ca)
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