Ian Bickis
Reporter for The Canadian Press
About Ian Bickis
Some of Canada's Big Six banks doing better than others on climate policy
Some of Canada's Big Six banks are pulling ahead of others on climate policy but they all still have a ways to go, says a new report.
Climate change raises risks for mining industry
In the North, some mines risk leaking acid if the permafrost melts, while across Canada heavier rainfall will add strain to tailings dams and a lack of it could throw operations.
Canada's top bank says economy can withstand higher interest rates
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates needed to tame inflation, Bank of Canada governor Tiff Macklem said on Thursday, June 9, 2022.
Superstorm leaves nine dead
Emergency crews rushed to restore power and clear roads on Sunday, May 22, 2022, a day after a deadly and destructive storm swept across southern Ontario and Quebec, though officials cautioned that some of the outages could take days to resolve.
Canada's pension fund commits to net-zero but no promise of total divestment from fossil fuels
The Canada Pension Plan Investment Board, operating as CPP Investments, said Thursday it plans to achieve the goal while continuing to invest in the whole economy, and will push for an economic transition to a lower carbon economy as an active investor.
Banking regulator looks at higher capital buffer for climate risks
Peter Routledge, who leads the Office of the Superintendent of Financial Institutions, said Monday that while it likely won't happen this year, it's important that banks build up capital buffers this decade to guard against potentially increasing volatility ahead.
Investors seek transparency as they search for sustainable investments
There's no one way to define sustainable investing, but more fund providers in the space are beginning to provide hard numbers to back up their claims.
Bank of Canada warns of stranded assets and an abrupt transition to clean economy
Bank of Canada governor Stephen Poloz wasn't asked about climate change risks at a discussion about economic change and emerging risks on Thursday, November 21, 2019, so he brought them up himself.
Farmers look to capture carbon as warnings of climate shocks grow louder
Canadian farmers are cultivating some sustainable farming techniques that the United Nations' latest climate change report identified as particularly useful for an industry it concluded must make drastic changes to reduce greenhouse gas emissions.
As U.S. lowers auto emissions standards, Canada is at a fuel efficiency crossroads
The federal government has started to give away money to encourage people to buy electric cars, but before long it will have to decide how far it will go to force the market towards lower-emission vehicles.