IMF

Facing an audience packed with world leaders and finance officials in suits, Ugandan climate activist Vanessa Nakate silenced the room, then made everyone listen to some uncomfortable facts.

The International Monetary Fund warns that Canada's green subsidies could stoke an international race to the bottom, even as it credits the country for a "multipronged" approach to addressing climate change.

Heads of state, finance leaders and activists from around the world will converge in Paris this week to seek ways to overhaul the world's development banks — like the International Monetary Fund and World Bank — and help them weather a warmer and stormier world.

IMF says taking swift action to achieve a 25 per cent cut in greenhouse gases by end of the decade will cost less than failing to act.

The IMF's proposal is more than 10 times what the federal Liberals have promised to spend annually over the next decade on child care.

The International Monetary Fund says uncertainty surrounding the incoming Trump administration in the U.S. is making it difficult to forecast how the global economy will perform this year.

The anger expressed by the leave side was another emotional cry to end the control that multinational corporations and the elite have over everyday people in many Western countries.

Cheng Hoon Lim, head of the IMF’s annual review of Canada’s economic performance, said it’s too soon to calculate the impact of the Alberta wildfires.

Lagarde makes big push for removing subsidies on fossil fuels that are worth more than $5 trillion a year and on the immediate need for carbon taxes to fund clean energy growth.