The Task Force for a Resilient Recovery, a new and independent group of finance, policy and sustainability leaders is advocating the support of jobs, infrastructure and growth that will keep Canada competitive in the clean economy of the 21st century.
Task Force members will spend the next eight weeks developing actionable recommendations on how governments can help get Canadians back to work while also building a low-carbon and resilient economy. The 14 members are backed by eight expert advisors, including reputed business and finance expert Jeremy Oppenheim, as well as research organizations, Smart Prosperity Institute and the International Institute for Sustainable Development.
The Task Force will look at and assess a variety of potential recovery investments. The Resilient Recovery Framework, which was submitted to the Task Force by Smart Prosperity Institute on May 19, 2020, is a resource that the Task Force could use in these assessments. It proposes measuring recovery investments against nine criteria, including whether they generate timely economic activity and jobs, whether the economic activity is targeted in areas that need it, and whether they support Canada’s 2030 and 2050 climate goals.
“Canada’s investments to recover from COVID-19 will either lock us into a vulnerable future or put us on a resilient path towards net-zero emissions, good jobs and a strong economy,” Task Force members said in a statement. “This is an important opportunity for Canadians everywhere.”
The work of the Task Force will conclude in July with the release of a final report.
Members of the Task Force for a Resilient Recovery include:
Former Chief Risk & Strategy Officer, Ontario Teachers’ Pension Plan
President, Ivey Foundation
President & CEO, Insurance Board of Canada
Former President and CEO, Atlantic Provinces Economic Council
Senior Advisor, Eurasia Group
Vice President, Climate & Economics, World Resources Institute
Professor, School of Public Policy and Administration and Department of Political Science, Carleton University
Former President and CEO, Canadian Council for Aboriginal Business
Executive Director, Clean Energy Canada
Senior Advisor, Bennett Jones
Executive Director, Strategy Corp Institute of Public Policy and Economy
Executive Director, The Houssain Foundation
President and CEO, International Institute for Sustainable Development
Founder and Chair, Smart Prosperity Institute
For further information on the task force, click here.
To read the Resilient Recovery Framework, click here.
Featured image of Jerry Oppenheim, expert advisor of the Resilient Recovery Task Force.