“Canadians overwhelmingly support climate action. They want immediate and long-term solutions to the climate crisis now,” David Suzuki Foundation CEO Stephen Cornish said. “Canadians — especially younger people — expect government to rise to the challenge.”
Category Archives: General
SNC-Lavalin Shares Soar After Trudeau Win
MONTREAL ― SNC-Lavalin Group Inc. shares shot up Tuesday after the
Liberal election win left open the possibility of a plea deal on fraud
and corruption charges against the engineering firm.
Liberal election win left open the possibility of a plea deal on fraud
and corruption charges against the engineering firm.
The
beleaguered company’s shares were up than 14 per cent or $2.50 at $20.18
in mid-afternoon trading, buoyed by investor hopes that the Liberal
refusal to close the door on a deferred prosecution agreement will play
out to SNC-Lavalin’s advantage ahead of a criminal trial.
What a Liberal minority government means for Canada’s environment | The Narwhal
What we know is this: the Liberals need 13
extra seats to stay in power. As of Tuesday morning, the Conservatives
won 121 seats, the NDP won 24 seats, the Bloc Quebecois won 32 seats and
the Greens won three seats.
extra seats to stay in power. As of Tuesday morning, the Conservatives
won 121 seats, the NDP won 24 seats, the Bloc Quebecois won 32 seats and
the Greens won three seats.
The Liberals could work with either the NDP or the Bloc Quebecois (or some combination thereof) and remain in power.
Both the NDP and the Bloc have strong
environmental platforms — arguably stronger than the Liberals — so if
anything the Liberals can be expected to take a stronger stance on
environmental issues.
There’s much we don’t know, but here are a few things we can reasonably expect to happen on the environment file.
“Political risks to Canada’s 590,000 b/d Trans Mountain oil pipeline have grown as tight polls ahead of Monday’s federal election increase the odds of a minority government, even though both leading candidates support the project,” S&P Global Platts wrote last Friday. “Under an election scenario that Prime Minister Justin Trudeau’s Liberal Party wins the most votes but not enough for a majority government, he would need New Democratic or Green Party support to stay in power. Both parties have campaigned on stopping the Trans Mountain pipeline expansion to British Columbia.”
With the NDP and Green Party hearing and amplifying that call, “I’d like to think [the Liberals] have had a wake-up call, that this election has been a bit hair-raising for them, and the call for real climate action in this country is stronger than the call for more oil and gas,” Lash said.