From Energy Now

By Tammy Nemeth and Ron Wallace

It is high time that Canadians discuss and understand Mark Carney’s avowed plan to re-align capital with global Net Zero goals.

Mark Carney’s economic vision for Canada, one that spans energy, housing and defence, rests on an unspoken, largely undisclosed, linchpin: Climate Finance – one that promises a Net Zero future for Canada but which masks a radical economic overhaul.

Regrettably, Carney’s potential approach to a Net Zero future remains largely unexamined in this election. As the former chair of the Glasgow Financial Alliance for Net Zero (GFANZ), Carney has proposed new policies, offices, agencies,  and bureaus required to achieve these goals.. Pieced together from his presentations, discussions, testimonies and book, Carney’s approach to climate finance appears to have four pillars: mandatory climate disclosures, mandatory transition plans, centralized data sharing via the United Nations’ Net Zero Data Public Utility (NZDPU) and compliance with voluntary carbon markets (VCMs). There are serious issues for Canada’s economy if these principles were to form the core values for policies under a potential Liberal government.

About the first pillar Carney has been unequivocal: “Achieving net zero requires a whole economy transition.”  This would require a restructuring energy and financial systems to shift away from fossil fuels to renewable energy with Carney insisting repeatedly in his book that “every financial [and business] decision takes climate change into account.” Climate finance, unlike broader sustainable finance with its Environmental, Social, and Governance (ESG) focus would channel capital into sectors aligned with a 2050 Net Zero trajectory. Carney states: “Companies, and those who invest in them…who are part of the solution, will be rewarded. Those lagging behind…will be punished.”  In other words, capital would flow to compliant firms but be withheld from so-called “high emitters”.

How will investors, banks and insurers distinguish solution from problem? Mandatory climate disclosures, aligned with the International Sustainability Standards Board (ISSB), would compel firms to report emissions and outline their Net Zero strategies. Canada’s Sustainability Standards Board has adopted these methodologies, despite concerns they would disadvantage Canadian businesses. Here, Carney repeatedly emphasizes disclosures as the cornerstone to track emissions data required to shift capital away from “high emitters”. Without this, he claims, large institutional investors lack the data on supply chains to make informed decisions to shift capital to businesses that are Net Zero compliant.

The second pillar, Mandatory Transition Plans would require companies to map a 2050 Net Zero trajectory for emission reduction targets. Failure to meet those targets would invite pressure from investors, banks, or activists, who may pursue litigation for non-compliance. The UK’s Transition Plan Task Force, now part of ISSB, provides this standardized framework. Carney, while at GFANZ, advocated using transition plans for a “managed phase-out” of high-emitting assets like coal, oil and gas, not just through divestment but by financing emissions reductions. “As part of their transition planning, [GFANZ] members should establish and apply financing policies to phase out and align carbon-intensive sectors and activities, such as thermal coal, oil and gas and deforestation, not only through asset divestment but also through transition finance that reduces real world emissions. To assist with these efforts GFANZ will continue to develop and implement a framework for the Managed Phase-out of high-emitting assets.” Clearly, the purpose of this is to ensure companies either decarbonize or face capital withdrawal.

The third pillar is the United Nations’ Net Zero Data Public Utility (NZDPU), a centralized platform for emissions and transition data. Carney insists these data be freely accessible, enabling investors, banks and insurers to judge companies’ progress to Net Zero. As Carney noted in 2021: “Private finance is judging…banks, pension funds and asset managers have to show where they are in the transition to Net Zero.” Hence, compliant firms would receive investment; laggards would face divestment.

Finally, voluntary carbon markets (VCMs) allow companies to offset emissions by purchasing credits from projects like reforestation. Carney, who launched the Taskforce on Scaling VCMs in 2020, has insisted on monitoring, verification and lifecycle tracking.  At a 2024 Beijing conference, he suggested major jurisdictions could establish VCMs by COP 30 (planned for 2025 in Brazil) to create a global market. If Canada mandates VCMs, businesses especially small and medium enterprises (SMEs) would face much higher compliance costs with credits available only to those that demonstrate progress with transition plans.

These potential mandatory disclosures and transition plans would burden Canadian businesses with material costs and legal risks that constitute an economic gamble which few may recognize but all should weigh. Do Canadians truly want a government that has an undisclosed climate finance agenda that would be subservient to an opaque globalized Net Zero agenda?

Tammy Nemeth is a U.K.-based strategic energy analyst. Ron Wallace is an executive fellow of the Canadian Global Affairs Institute and the Canada West Foundation.

From LifeSiteNews

By Jonathon Van Maren

‘It made me wonder, were they really there to help us, or slowly groom us to say ‘here’s a solution, just kill yourself.’

Yet another Canadian combat veteran has come forward to reveal that when he sought help, he was instead offered euthanasia. 

David Baltzer, who served two tours in Afghanistan with the Princess Patricia’s Canadian Light Infantry, revealed to the Toronto Sun that he was offered euthanasia on December 23, 2019—making him, as the Sun noted, “among the first Canadian soldiers offered therapeutic suicide by the federal government.”

Baltzer had been having a disagreement with his existing caseworker, when assisted suicide was brought up in in call with a different agent from Veteran Affairs Canada.  

“It made me wonder, were they really there to help us, or slowly groom us to say ‘here’s a solution, just kill yourself,” Baltzer told the Sun.“I was in my lowest down point, it was just before Christmas. He says to me, ‘I would like to make a suggestion for you. Keep an open mind, think about it, you’ve tried all this and nothing seems to be working, but have you thought about medical-assisted suicide?’” 

Baltzer was stunned. “It just seems to me that they just want us to be like ‘f–k this, I give up, this sucks, I’d rather just take my own life,’” he said. “That’s how I honestly felt.” 

Baltzer, who is from St. Catharines, Ontario, joined up at age 17, and moved to Manitoba to join the Princess Patricia’s Canadian Light Infantry, one of Canada’s elite units. He headed to Afghanistan in 2006. The Sun noted that he “was among Canada’s first troops deployed to Afghanistan as part Operation Athena, where he served two tours and saw plenty of combat.” 

“We went out on long-range patrols trying to find the Taliban, and that’s exactly what we did,” Baltzer said. “The best way I can describe it, it was like Black Hawk Down — all of the sudden the s–t hit the fan and I was like ‘wow, we’re fighting, who would have thought? Canada hasn’t fought like this since the Korean War.” 

After returning from Afghanistan, Baltzer says he was offered counselling by Veteran Affairs Canada, but it “was of little help,” and he began to self-medicate for his trauma through substance abuse (he noted that he is, thankfully, doing well today). Baltzer’s story is part of a growing scandal. As the Sun reported:  

A key figure shedding light on the VAC MAID scandal was CAF veteran Mark Meincke, whose trauma-recovery podcast Operation Tango Romeo broke the story. ‘Veterans, especially combat veterans, usually don’t reach out for help until like a year longer than they should’ve,’ Meincke said, telling the Sun he waited over two decades before seeking help. 

‘We’re desperate by the time we put our hands up for help. Offering MAID is like throwing a cinderblock instead of a life preserver.’ Meincke said Baltzer’s story shoots down VAC’s assertions blaming one caseworker for offering MAID to veterans, and suggests the problem is far more serious than some rogue public servant. 

‘It had to have been policy. because it’s just too many people in too many provinces,” Meincke told the Sun. “Every province has service agents from that province.’

Veterans Affairs Canada claimed in 2022 that between four and 20 veterans had been offered assisted suicide; Meincke “personally knows of five, and said the actual number’s likely close to 20.” In a previous investigation, VAC claimed that only one caseworker was responsible—at least for the four confirmed cases—and that the person “was lo longer employed with VAC.” Baltzer says VAC should have military vets as caseworkers, rather than civilians who can’t understand what vets have been through. 

To date, no federal party leader has referenced Canada’s ongoing euthanasia scandals during the 2025 election campaign.  

Jonathon Van Maren

Jonathon’s writings have been translated into more than six languages and in addition to LifeSiteNews, has been published in the National Post, National Review, First Things, The Federalist, The American Conservative, The Stream, the Jewish Independent, the Hamilton Spectator, Reformed Perspective Magazine, and LifeNews, among others. He is a contributing editor to The European Conservative.

His insights have been featured on CTV, Global News, and the CBC, as well as over twenty radio stations. He regularly speaks on a variety of social issues at universities, high schools, churches, and other functions in Canada, the United States, and Europe.

He is the author of The Culture War, Seeing is Believing: Why Our Culture Must Face the Victims of Abortion, Patriots: The Untold Story of Ireland’s Pro-Life Movement, Prairie Lion: The Life and Times of Ted Byfield, and co-author of A Guide to Discussing Assisted Suicide with Blaise Alleyne.

Jonathon serves as the communications director for the Canadian Centre for Bio-Ethical Reform.