Tag: Canada

Our Top Climate Reads of 2020

With 2020 coming to a close, we at Manifest took a look back at the reports, papers, and articles on climate change that had the biggest impact on us. Despite the enormous challenges presented by COVID-19, the world made important steps this year towards accelerating the transition to a low-carbon economy. Whether it’s better disclosure […]

Canada Commits to Net-Zero in New Legislation

Canada Commits to Net-Zero in New Legislation

Risk management, a national strategy and plan, oversight and governance, transparent metrics and targets – Canada now has a proposed legal framework for meeting our global climate commitments; and it looks rather like the recommendations of the Task-Force on Climate-Related Financial Disclosures (TCFD). Today, Canada’s federal government tabled long-awaited legislation outlining a roadmap for meeting […]

The State of Canadian Climate Disclosures

The State of Canadian Climate Disclosures

Climate-related financial disclosures by some of Canada’s largest companies are improving, but more work is required to boost the quality of disclosures and to align with industry best practices, according to a report Manifest conducted for the Chartered Professional Accountants of Canada. In 2019, CPA Canada commissioned Manifest to conduct a study of the climate-related […]

Federal LEEFF Program – How to Get Started on Disclosing your Climate Risk

Federal LEEFF Program – How to Get Started on Disclosing your Climate Risk

We’ve put together some tips for businesses looking to commit to publishing climate-related financial disclosure reports as part of a new federal COVID-19 economic stimulus program providing bridge loans to big businesses. The Large Employer Emergency Financing Facility (LEEFF) program will “provide bridge financing to Canada’s largest employers, whose needs during the pandemic are not […]

2019: The Year that Changed the Climate of Climate Change

2019: The Year that Changed the Climate of Climate Change TCFD Reporting Requirements in Canada

Risk management, a national strategy and plan, oversight and governance, transparent metrics and targets – Canada now has a proposed legal framework for meeting our global climate commitments; and it looks rather like the recommendations of the Task-Force on Climate-Related Financial Disclosures (TCFD). Today, Canada’s federal government tabled long-awaited legislation outlining a roadmap for meeting […]

Sea-Level Rising: The Accelerating Wave

Sea level rise is occurring faster than expected, impacting millions in the coming decades and potentially locking in irreversible changes for centuries to come, says the latest UN climate report. While there is uncertainty in the number of people impacted and how quickly these impacts will be felt, new science reveals that current projections for […]

Where Could a Minority Parliament Find Common Ground?

With Canada’s federal election now complete, the focus is turning towards what the next government will look like. For the first time in more than a decade, no party won a majority of seats. There are many unanswered questions about what a new government will look like and how the different parties will (or won’t) […]

A Look at the Impacts Highlighted in Canada’s Changing Climate Report

On April 2, 2019, the federal government released Canada’s Changing Climate Report, the first in a series of reports outlining the impacts of climate change in Canada. It immediately generated national news for reporting “temperature in Canada has increased at roughly double the global mean rate” with northern Canada warming “roughly three times” faster than the […]

Bank of Canada Lists Climate Change as a Risk to Canada’s Economy

Bank of Canada Lists Climate Change as a Risk to Canada’s Economy

On Thursday, the Bank of Canada released its 2019 Financial System Review, and for the first time it listed climate change as one of the main risks to Canada’s economy and financial system. The inclusion of climate change as one of six vulnerabilities listed in the Financial System Review (FSR) comes a few weeks after the Bank […]

Expensive and Now Frequent Once-a-Century Floods Shifting Conversation

Expensive and Now Frequent Once-a-Century Floods Shifting Conversation

As parts of Ontario, Quebec, and New Brunswick suffer from historic floods after recently cleaning up from once-in-a-century floods, political leaders are no longer taking the “we will rebuild at all costs” default position – a potential major shift in the climate adaptation conversation. While touring flooding in Constance Bay, Ontario Premier Doug Ford said of […]