Canada joins WEF First Movers Coalition to Solidify Carbon Tax Looting Scheme
by Dan Fournier, Commentary, published Friday, Jan. 26, 10:39 EST on fournier.substack.com
For added clarity, this article will be divided into the following sections:
An introduction to the WEF’s First Movers Coalition
Disastrous climate-related policies by the Trudeau government
Connecting the dots
The 'Just transition' legislation currently being drafted
Lost energy sector-related revenues in the hundreds of billions
What can you do?
1. An introduction to the WEF’s First Movers Coalition
As the Davos 2023 summit of the World Economic Forum (WEF) just came to a close (excellent summary here), we must not forget which of their agendas our respective governments and their minion attendees/participants wish to implement on us non-elite, bug-eating, plebs who will ultimately end up footing the bill through our various assorted tax looting schemes.
While there are several such agendas to contend with, the subject of this post lays with the First Movers Coalition which appears to have been spearheaded by the Biden administration’s Department of State featuring the WEF’s elite-par-excellence John Kerry as its ‘Special Presidential Envoy’.
Last week, Canada’s Minister of Innovation, Science and Industry François-Philippe Champagne announced the partnership with the WEF’s First Movers Coalition. Here are some notable quotes by Champagne and the official press release by the ISED:
“This global initiative uses the purchasing power of businesses worldwide to decarbonize high-emitting industries.”
“A net-zero carbon emissions world is only attainable if we bring key technologies to commercial scale. Canada’s participation in the First Movers Coalition reflects our government’s commitment to support industrial decarbonization, encourage the adoption of clean technologies and help Canadian entrepreneurs make their mark in the green economy.”
While adopting clean energy technologies is certainly not a bad thing in and of itself, the real topic of concern here it the means by which Canada and members of the coalition wish to bring about this carbon-free utopia.
Trying to achieve their unrealistic goals of emissions reduction targets of 40% below 2005 levels by 2030 and net zero by 2050 will come at a great cost and sacrifice to a large swath of sectors that currently drive the Canadian economic engine.
To reach these aggressive goals, entire industries such as Canada’s mammoth oil & gas arena are targeted to be completely eliminated.
Moreover, I have previously exposed the utter and absolute folly of the notion of achieving net-zero C02 emission in one of my prior article’s The Climate Change Deception section.
In short, a team of 1,200 scientists and professionals in the field of climate science declared that there is no climate emergency, and that completely eliminating C02 emissions would actually do more harm than good to the environment.
Returning to the primordial topic at hand, i.e., the means they wish to use to implement these climate-related agendas, this is where things really get disastrous and unnecessarily very costly as will be demonstrated in the following sections.
2. Disastrous climate-related policies by the Trudeau government
Oh my, where to start?
Let’s begin by showcasing the sheer scope of what the Trudeau government, with unswerving support by its beloved and highly-generous Finance Minister Chrystia Freeland, intends to commit for this green agenda that I personally like to refer to as the Swindle of the Century.
Firstly, we must recall the preposterous commitments promised by our WEF-loving foot soldier at the at the United Nations Climate Change Conference UK 2021.
While I provided a transcript of Trudeau’s remarks in a previous article, here are the key takeaways regarding the commitments the Prime Minister made on behalf of 39 million Canadians:
Pollution (emissions) will be priced;
Canada’s oil & gas sector will essentially become extinct by 2050;
Net zero (the equivalent of zero CO2 emissions) is an unyielding goal to be met by 2050;
New gas-powered cars and diesel-powered trucks will be completely prohibited by 2035.
Before proceeding, let the reader genuinely ponder the potential ramifications of those four commitments for a minute.
Achieving these goals, needless to say, won’t come cheap. And us plebs are poised and positioned to be on the hook for their attainment.
Don’t believe me? Great, all you need to do is read and listen to what our elected officials – particularly those from the Liberal and New Democratic Party (NDP) – have already publicly confirmed.
While we can also easily include other complicit political parties in the mix such as the Green party and the Bloc Québécois, the reason I choose to mention the NDP is due to its traitorous alignment with the Liberal Party so as to keep Trudeau’s minority government in power until 2025.
Though far too many instances exists whereby these collusive swindling politicians virtue signal their commitments towards these insane and unscientific climate-cult ideologies, here are the principal ones of relevance that will end up burning a huge hole in your personal and family budgets for the foreseeable future.
> $140 billion in Carbon Taxes per year until 2050
I covered this legislation in a December, 2022 post.
In this case, the swindler-in-chief is none other than our WEF-loving Finance Minister Chrystia Freeland who is unswervingly determined to generously commit no less than 140 billion dollars annually, yes you read that right, annually, until the year 2050.
This particular carbon tax burden amounts to an estimated $3,684 per Canadian per year, or around $11,000 to $14,700 or more per household, per year.
This is not conjecture at all folks, for these commitments are clearly outlined and documented as per official government sources cited in my post.
> $2 billion committed to a green corporation which doesn’t even exist
Once more, our villainess-du-jour is Chrystia Freeland who was grilled by a Conservative Canadian Senator for having the gall to demand a $2 billion blank cheque to initiate her net-zero folly crusade on the back of Canadian taxpayers.
When asked to justify the exorbitant amount, Freeland refused to answer specifics on how the funds would be spent, and rather presented an incoherent chew out of how Canada needs to “act fast”; specifically (and seriously) here is what she replied to the Senator [emphasis added]:
“To the question of why are we doing it now, I would say to you two things: one, the green transition we have to act quickly, but from my perspective the Biden administration’s Inflation Reduction Act added to the urgency with which Canada needs to act. They are deploying hundreds of billions of dollars to invest in the green transition; we need to move really really fast and so getting this fund in place quickly is more important than ever.”
Isn’t it coincidentally convenient how this diarrheal verbiage that was uttered late last year aligns perfectly with the Biden’s administration’s First Movers Coalition’s goals?
I cannot recall a single instance in Canadian political history whereby a politician whimsically asked for billions of dollars for any kind of pipe dream’ish endeavour. Have you?
Freeland’s greater looting scheme by which she wants to begin with this $2 billion dollar entity, though, is that of the broader Canada Growth Fund which I have detailed in the aforementioned post, should the reader have the intestinal fortitude to look at it.
3. Connecting the dots
Now, the reader may wonder how all this connects to the Liberal government’s newfound amorous relationship with the WEF’s First Movers Coalition.
First, here is a quick summary of some of the stated goals and activities of the, cool-sounding, First Movers Coalition by the World Economic Forum [emphasis added for relevance]:
… activities focus on supporting members in delivering on their commitments and creating an enabling environment;
Tracking infrastructure: Ensure that each sector has clarity on frameworks to track progress on FMC commitments;
The FMC Finance Pillar will help members manage financing challenges as they work to meet their commitments. The landscape of potential financing solutions insurance, risk and investment pooling;
Each [FMC] member has made ambitious commitments in at least 1 sector. Our members also participate in coalition activities to push forward net zero goals.
As with any WEF agenda, one must read between the lines to fully understand what they are transmitting to their subservient and collusive foot soldiers. So, allow me the opportunity to translate and demonstrate what they really mean by these.
The first two points above relate to “tracking commitments.” These are the net-zero commitments by participating corporations and governments.
Canada arguably has the most ambitious commitments of any participating country, as per Justin Trudeau’s drunken-sailor promises. I’ve outlined four of these in the previous section.
For such net-zero commitments to be established (set) and delivered (measured), we need to look at the collusive actions the Liberal government is taking in tandem with its army of obliging governmental departments,organisations and national institutions.
This is the typical modus operandi of how WEF (and other nefarious) agendas usually become established and realised.
While their participants are too numerous to go over, I will simply provide an example of each to show you how these goals are craftily positioned to become reality.
First, on the federal level, the risk component of the FMC Financial Pillar listed above really refers to the ‘climate-related financial risk’ boogeyman tool by which they can suck carbon taxes out of Canadian businesses who will pay for the swindle.
Don’t believe me? Well, here is a nice little reference to the federal government’s 2022 budget that summarises the scheme perfectly:
Task Force on Climate-related Financial Disclosures 2022 Status Report, page 100.
As you can see from the image above, the federal government is committed to the mandatory reporting of climate disclosures.
At first, this will only be for “financial institutions” such as banks as well as federally regulated businesses including many utilities; but, it is quite evident that it will be expanded to include the majority of businesses in the coming years.
If the reader is unfamiliar with the OSFI, or Office of the Superintendent of Financial Institutions, they regulate banks, insurances companies, and financial institutions in Canada. Those under their purview must adhere to strict rules and guidelines regarding their operations and financial reporting.
The OSFI, will thus become one of the principal regulators in this climate reporting entrapment mechanism.
Moreover, the Canadian Banking Association is also being weaponised to strong-arm financial sector participants into climate-risk reporting.
And in similar fashion to John Kerry “Special Envoy” for the FMC we can also thank our cunningly sneaky (and stealthy) Canadian bankster extraordinaire Mark Carney, the UN’s special envoy on climate action and climate finance, as being the key architect behind this highly sophisticated and elaborate climate heist.
The Task Force on Climate-related Financial Disclosures, or TFCD, was spawned from the Financial Stability Board (FSB) which Carney just so happens to have chaired from 2011 to 2018.
The TFCD will become the de facto climate police force assigned to measure compliance, as is made clear by its mission:
“develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders.”
Don’t be fooled by the term “voluntary”, for once the system is in place, it will become inevitable to make it mandatory, given the vast potential for collecting related carbon taxes. After all, we all need to pay our fair share for the environment, no?
As indicated in their 2022 TCFD Status Report, they will even force the Canada Pension Plan (CPP) to make climate disclosures a requirement for all companies that wish to be included in its portfolio:
Task Force on Climate-related Financial Disclosures 2022 Status Report, page 93.
What’s more, the Canadian Securities Administrators (CSA), the regulating entity for listed companies, is issuing proposed climate-disclosure requirements for all reporting issuers in alignment with the TCFD.
Task Force on Climate-related Financial Disclosures 2022 Status Report, page 100.
In other words, all publicly-listed companies will be required to track and report their C02 emissions upon which they will certainly be taxed on – which they will inherently need to pass on to the consumer, you.
Are you all starting to see where this is headed?
You see, at least in Canada, the OSFI, TFCD, FSB, CPP, and CSA are the “Financial Pillars” that the First Movers Coalition is referring to that will track & trace the ethereal carbon footprints in their mad quest to achieve their net-zero rainbow utopia.
This is but the tip of the iceberg; if you can stomach it, I invite you to read my October 24, 2022 post titled EXPOSÉ: Canadian Residents & Businesses are about to be Carbon-Taxed into Oblivion which dives deep into this sinister conspiracy. In it, you will find additional Canadian and international participants that are all too willing to oblige in this climate looting plot, along with how you, the consumer, will eventually become entangled and further impoverished in this sophisticated web of deceit.
4. The 'Just transition' legislation currently being drafted
Before taking a look at this bill, the reader must first obtain a general overview of just what the heck this ‘Just Transition’ nonsense is all about.
At the moment, ‘Just Transition’ is an engagement, or kind of commitment, launched by Natural Resources Canada in mid-2021 by Liberal MP Seamus O’Regan, Minister of Natural Resources.
There are two websites, www.just-transition.ca and transitioncanada.ca, dedicated to explaining the ambitious, if not foolish, endeavour.
Let us use the second website (transitioncanada.ca), for it is the most revealing. In their own words they answer the question: What is the Just Transition?
“The Just Transition is our collective undertaking to get Canada off fossil fuels fast while improving everything about how we live: how we move around, feed ourselves, earn a living, and take care of each other.”
And there are two descriptive videos from this website that outline the basics of the proposed program.
Judge for yourself, but in my own cynical skepticism, I find these to be tools of social engineering of the Hegelian dialectic genre (i.e., Problem-Reaction-Solution). Plus, at the end of each video, there is an eerie ticking timeclock that seems to suggest if we don’t act fast (in the face of all this climate doom), the world will blow up, or end altogether. Here are the masterpieces:
At the end of each video, it says: “If our government took the climate crisis seriously, this message would be real.”
As has been outlined above in this essay, Canada has been one of the most, if not the most, progressive countries in the world committed to “tackling climate change.” Therefore, this message doesn’t make much sense, unless they are trying to gaslight the audience into signing the “Tax Big Oil Petition” that appears at the bottom of the home page. If this isn’t deceptive social manipulation, then I don’t know what is.
Oh, and you must have noticed the new Ministry they want to establish for this climate cult, did you?
At first glance, it seems like this is an official Ministry of the Canadian government. But it is not, for it states so in their FAQ at the bottom of the page:
The answer to the first question above (Is this a real government initiative?) says that it is not. If it is not, then why the heck was this website referenced and linked from the official government Just Transition Engagement news release page? I don’t know about you, but to me this is fishy as hell. And it stinks of a deceptive con.
And, how could one take this seriously when it is stated “This is a satirical project created by the 350.org team in Canada”? Satire, usually means that the subject at hand is not to be taken seriously. It’s almost as it is in there as a protective disclaimer. The definition of satire as per Collins dictionary reads “is the use of humour or exaggeration in order to show how foolish or wicked some people's behaviour or ideas are.” I tend to agree with Collins.
And who exactly is the 350.org team behind this? The outfit appears to be some kind of international NGO (Non-Governmental Organisation) non-profit organisation based in the United States which doesn’t specify their sources of funding. This author reached out to them inquiring about where they get their funding, but has yet to received a response.
What’s more, he bottom of the Just Transition homepage is also somewhat deceptive, for it uses the government’s official logo:
Of course, it is indicated “This should be [Funded be the Government of Canada],” (and notice the French part does not include this phrase), but nevertheless, this is deceptive at best for the average viewer to the site.
So, with that wonderful introduction out of the way (that is my satire!), let’s get to just, pardon the pun Mr. Prime Minister, what the sought bill would entail and which politicians are behind it.
What about the ‘Just Transition’ bill and its potential impacts?
As per a January 3rd, 2023 CBC article, a ‘Just transition’ legislative bill is coming to Parliament, affirms Jonathan Wilkinson, Liberal MP from North Vancouver and Minister of Natural Resources.
The proposed bill, which is poised to transition workers from the oil and gas sector into green energy jobs, “has been a lightning rod for criticism from oil-producing provinces, which worry it would be the nail in the coffin of the oil and gas industry and the thousands who rely on it for work,” reported David Thurton, a senior parliamentary correspondent with the CBC.
The CBC article mentions that the bill is a collaborative effort between the Liberals and the NDP, adding: “Just transition was a condition of the confidence-and-supply deal, signed last year to keep Justin Trudeau's minority government in power until 2025 in exchange for action on NDP policy priorities.”
The article doesn’t provide either the name or number of the proposed bill.
At this stage, it seems to be in a preparatory phase involving a ‘consultation process’ of various parties.
As per an official government briefing paper from last Fall, a strong commitment exists for the proposed legislation:
“The Government of Canada has committed to move forward with legislation and comprehensive action to achieve a just transition. NRCan is currently leading a consultation process to inform the development of legislation.”
As to the time frame on when the bill would be tabled in Parliament, the briefing states that it will be done once they “are confident that it reflects the values of Canadians.”
Translation: apart from its contributing drafters, they need greater support by the provinces, labour unions, and other Canadian organisations along with the general public.
One thing that remains clear, however, is that the Liberals and NDP are unswerving in their efforts to push the bill among their parliamentary peers.
One of its draftees, Liberal MP Jonathan Wilkinson, stated the following during a question period in Parliament on Nov. 21, 2022:
“Our government is committed to eliminating public funding of fossil fuels by the end of 2022. We have already phased out eight tax subsidies for the fossil fuel sector.”
Wilkinson also enjoys strong support from his [previously convicted] Liberal MP ally and former Greenpeace activist Steven Guilbeault, Canada’s Minister of Environment and Climate Change.
A more recent CBC article touches upon the proposed legislation highlighting some of its main concerns, primarily at the provincial level [emphasis added].
“The federal government says the legislation is intended to "seize economic opportunities associated with" a low-carbon economy, while provincial officials argue it is code to shut down the oil and gas sector.”
“It's worse than I feared. 'Just Transition' isn't about a transition at all … it's about eliminating entire sectors of our economy and hundreds of thousands of good Alberta jobs deemed too 'dirty' by elites in Ottawa,” reads a statement from the premier's office sent to CBC News on Tuesday, attributed to [Alberta Premier Danielle] Smith.
In line with what has been presented above from the Just Transition website, it is quite clear that this is a one of the primary intentions of the bill.
Before getting into the pushback from Alberta Premier Danielle Smith, it is worth looking at the potential impact this bill would have.
According to official documents released with June 1, 2022 speaking notes from Wilkinson, two National Post articles put the true scope of this transition into perspective [emphasis added]:
“The numbers are staggering. Natural Resources bureaucrats estimate upwards of 2.7 million workers — about 14 per cent of the entire Canadian workforce — will have their jobs disrupted to one extent or another. There will be “significant labour market disruptions” in nearly all sectors.”
“In total, 13.5 per cent of Canadian workers in many of the highest-playing blue-collar sectors will face major disruptions.”
Yet another January article from the National Post (Calgary Herald) weighs in on the impact, calling the findings of the document “packaged dynamite,” adding the specific number of potential oil & gas jobs that would be lost:
“The oil and gas sector in particular is a large contributor to the GDP of Alberta and Newfoundland, at 27.3 per cent and 36.2 per cent respectively, affecting about 187,000 workers in Alberta and 13,300 workers in Newfoundland, compared to less than three per cent in any other province.”
Without a doubt, Albertans would suffer the most should this Just Transition bill come to pass.
Earlier this January, Alberta Premier, Danielle Smith, sharply criticised the shortcomings of the proposed bill.
Smith specifically stated that since the bill would entail the elimination of jobs in her province, there is no way it is acceptable. She added that the incursion the federal government is attempting to behold on her province goes against its constitution. Smith believes that the way things are headed, there will actually be an increase in demand for oil and natural gas, which the resource-rich province has substantial supplies of.
She further adds the great strides that the energy sector in her province has accomplished in terms of reducing carbon emissions.
Finally, the Alberta Premier highlighted that the oil and gas sector should be expanding rather than contracting, further highlighting missed opportunities of recent visits by German and Japanese heads of state who were essentially begging for LNG (natural gas) procurement which Trudeau completely refused to accommodate.
5. Lost energy sector-related revenues in the hundreds of billions
Regarding these missed opportunities, it should be emphasized that with the ongoing ban on Russian oil and gas in Europe, Canada, as a European-friendly nation, could be providing these resources to countries that are desperately seeking them.
It goes without saying that these foregone revenues alone would amount in the billions of dollars which would provide a much-needed boost to Canada’s GDP.
Another, perhaps much larger, missed opportunity for Canada was with the Keystone pipeline, originating from Alberta towards the American heartland, which would have provided our energy-hungry neighbors to the south with crude oil they need along with significant revenues for our country.
Unfortunately, the first day he took office, Joe Biden killed the project and Justin Trudeau failed to demonstrate any sincere conviction to revive the project.
[Paid?] Protester advocating for the abolishment of the Keystone Pipeline between Canada and the United States. Notice the “350” logo (circled in red color) on his sign which comes from the same 350.org organization mentioned earlier that is promoting the Just Transition. Image source: Newsweek.
In lockstep with Biden’s Inflation Reduction Act, which boasts $430-billion green energy subsidies, Trudeau, with his Just Transition bill, is moving away from an oil-based economy by “helping workers and communities thrive in a net-zero carbon economy.”
This multi-billion dollar green energy package appears to be the same one that Chrystia Freeland was salivating upon when she urged the Senate to approve her $2 billion blank cheque demand for her green energy corporation.
$672 billion. This figure is staggering. But what does it signify?
According to a November 2020 Research Brief from the Canada Energy Centre, this is the amount of revenues that the oil & gas sector has brought to federal, provincial, and municipal governments between 2000 and 2018.
Should the Just Transition bill become law, these mammoth revenues which, through taxation, help fund so many other essential services to Canadians will essentially disappear.
Apart from the hundreds of thousands (if not millions) of lost jobs, the impact of the realisation of this bill would have catastrophic consequences for government coffers in all three government tiers.
The shortfall of such revenues would have to be made up for by other means.
What are those other means?
They are the various carbon emissions taxes our governments wish to so desperately impose on us and which I have described earlier in this paper.
This explains why the federal government is pushing for exorbitant amounts in carbon taxes – to the tune of $140 billion, per year, until the year 2050.
If the reader has somehow managed to make it all the way here in this exposition, he or she will have realised the extent to which Canada’s participation in the WEF’s First Movers Coalition in concert with Justin Trudeau’s Just Transition would be an utter disaster for our resource-rich nation and its 39 million people.
6. What can you do?
If you are disturbed and disgusted with these plans, speak out. Share this report or express your disagreement on social media.
Write or telephone your MP (whether Liberal, NDP, or whichever) and local representatives and tell them to remove their support for this coming Just Transition bill.
Keep the traditional media to account. When they push these climate doom and pro-Just Transition puff pieces, call them out. Show them the numbers. Point out the catastrophic consequences and negative impacts these policies would render.
Urge all politicians, business and NGO leaders to disassociate themselves from the World Economic Forum and divorce themselves from their destructive, immoral, and absurd projects.
Disclaimer:
See the author’s About page for full disclaimer.
Important video / podcast
Michael Rectenwald (a former Marxist) : Woke Capitalism Will Destroy Businesses Not Compliant With Great Reset / ESGs
"... the ESG Index or “woke capitalism” as a selection mechanism or demarcation device to delineate which businesses are onboard with The Great Reset and punish those who are not compliant. It is effectively a Social Credit System for companies, feeding investments toward the compliant while starving dissident firms, competition, and industries ... "
https://geopoliticsandempire.com/2022/02/17/michael-rectenwald-woke-capitalism/
Who owns (Controls) the Stock Exchanges (TMX) in Canada? The "Maple Group" Cartel
Maple Group Cartel:
Ontario Teachers' Pension Plan ... PONZI !
Canada Pension Plan Investment Board ..... PONZI !
Alberta Investment Management Corp. .... PONZI !
Caisse de depot et placement du Quebec
CIBC World Markets Inc.
Desjardins Financial Group
Dundee Capital Markets Inc.
Fonds de solidarite des travailleurs du Quebec
National Bank Financial & Co. Inc.
Scotia Capital Inc.
TD Securities Inc.
Manulife Financial
Dan, are you familiar with Paul Cudenec's work on this topic?
https://winteroak.org.uk/climate-capitalists/