Q: Hi Peter, Ryan, and Team,
I realize that there are economic arguments and opinions on both sides of the carbon tax issue specifically and climate change in general. My question is framed, I hope, in a non-political way.
I had heard Pierre Pollievre comment on using technology to combat climate change. A Google search resulted in:
https://www.biv.com/news/resources-agriculture/poilievres-energy-plan-carrots-not-sticks-8270266
In the article, Pollievre is quoted as saying: “I’ll have specific measures to do that when the time is right,” he said. “But what we say, very clearly, is that we need technology rather than taxes in order to fight climate change, and that includes carbon capture, nuclear or hydro dams.”
I realize that the next election won’t probably occur until next year, but should Pollievre become PM at that time, some stocks may experience tailwinds, while others may have headwinds.
Could 5i look into their “crystal ball” to list some Canadian stocks that might be positively impacted by a new policy, as well as a possible reverse impact on some other stocks.
As always, thanks in advance for your insight.
I realize that there are economic arguments and opinions on both sides of the carbon tax issue specifically and climate change in general. My question is framed, I hope, in a non-political way.
I had heard Pierre Pollievre comment on using technology to combat climate change. A Google search resulted in:
https://www.biv.com/news/resources-agriculture/poilievres-energy-plan-carrots-not-sticks-8270266
In the article, Pollievre is quoted as saying: “I’ll have specific measures to do that when the time is right,” he said. “But what we say, very clearly, is that we need technology rather than taxes in order to fight climate change, and that includes carbon capture, nuclear or hydro dams.”
I realize that the next election won’t probably occur until next year, but should Pollievre become PM at that time, some stocks may experience tailwinds, while others may have headwinds.
Could 5i look into their “crystal ball” to list some Canadian stocks that might be positively impacted by a new policy, as well as a possible reverse impact on some other stocks.
As always, thanks in advance for your insight.
