Uncommons with Nate Erskine-Smith

By: Nate Erskine-Smith
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  • Summary

  • A bi-weekly discussion series hosted by MP Nate Erskine-Smith featuring experts, fellow parliamentarians, and other elected officials of all stripes.

    www.uncommons.ca
    Nate Erskine-Smith
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Politics & Government
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Episodes
  • Economics of Canadian Immigration: Part 2 with Lisa Lalande

    Economics of Canadian Immigration: Part 2 with Lisa Lalande
    Nov 1 2024

    On these two episodes of Uncommons, Nate does a deeper dive on the economics of Canadian immigration policies, including a look at the unsustainable rise in temporary immigration levels, recent government action to correct those levels, and what is almost certainly an over correction to the permanent resident levels.

    In part one, Nate’s joined by University of Waterloo labour economics professor Mikal Skuterud.

    Professor Skuterud has written extensively on the economics of Canadian immigration, he’s been consulted by different Ministers, and he’s been a vocal critic of the government’s management of the immigration file, especially with respect to temporary foreign workers.

    In part two, Nate is joined by Lisa Lalande, the CEO of Century Initiative, a group that advocates for policies to strengthen Canada’s long-term economic prospects, including by growing our overall population to 100 million people by 2100.

    Ms. Lalande argues for strong but smartly managed immigration to ensure Canada’s economy remains competitive and resilient in the long-term, and she makes the case that Canada must build housing and improve healthcare to accommodate smart growth as well as our non-economic goals.

    In some ways, the guests are sharply at odds with one another. But in others, there is alignment: that Canada needed to tackle temporary immigration levels, but has caused further unnecessary challenges by reducing permanent immigration levels.

    Youtube:



    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.uncommons.ca
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    59 mins
  • Economics of Canadian Immigration: Part 1 with Mikal Skuterud

    Economics of Canadian Immigration: Part 1 with Mikal Skuterud
    Nov 1 2024

    On these two episodes of Uncommons, Nate does a deeper dive on the economics of Canadian immigration policies, including a look at the unsustainable rise in temporary immigration levels, recent government action to correct those levels, and what is almost certainly an over correction to the permanent resident levels.

    In part one, Nate’s joined by University of Waterloo labour economics professor Mikal Skuterud.

    Professor Skuterud has written extensively on the economics of Canadian immigration, he’s been consulted by different Ministers, and he’s been a vocal critic of the government’s management of the immigration file, especially with respect to temporary foreign workers.

    In part two, Nate is joined by Lisa Lalande, the CEO of Century Initiative, a group that advocates for policies to strengthen Canada’s long-term economic prospects, including by growing our overall population to 100 million people by 2100.

    Ms. Lalande argues for strong but smartly managed immigration to ensure Canada’s economy remains competitive and resilient in the long-term, and she makes the case that Canada must build housing and improve healthcare to accommodate smart growth as well as our non-economic goals.

    In some ways, the guests are sharply at odds with one another. But in others, there is alignment: that Canada needed to tackle temporary immigration levels, but has caused further unnecessary challenges by reducing permanent immigration levels.Youtube:



    This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.uncommons.ca
    Show more Show less
    1 hr
  • Mark Carney on Uncommons

    Mark Carney on Uncommons
    Oct 18 2024
    On this episode, Mark Carney joins Nate on the podcast to discuss the current political landscape, sustainable finance and the economic opportunities of climate action, and his future in politics as now economic advisor to the Liberal Party and potential future candidate.Mark has served as the Governor of the Bank of Canada and then the Governor of the Bank of England. He now serves as the UN Special Envoy on Climate Action and Finance, and as the Vice Chair of Brookfield Asset Management.Transcript:IntroductionNate Erskine-Smith: Welcome to Uncommons. I’m Nate Erskine-Smith, and on this episode, I’m joined by Mark Carney. He is, of course, the former governor of the Bank of Canada, he’s the former governor of the Bank of England, and he is also much more political these days, including joining a podcast like this to talk about not only politics, but Liberal politics, because right now, he occupies the role of chair of an economic task force to the Liberal Party and Prime Minister, and he might well have a future in politics beyond that as well.Sustainable Finance Within a Global ContextNate Erskine-Smith: Mark, thanks for joining me. Mark Carney: Thanks for having me, Nate.Nate Erskine-Smith: I was going to make a joke about how you are the first guest we've had since the Prime Minister and people can read into that as they like. But I actually want to start with why you're here in Toronto–sustainable finance. And before people's eyes glaze over, maybe you can help ensure their eyes don’t glaze over.Mark Carney: We’ve lost the audience already.Nate Erskine-Smith: But what do you hope to see achieved through sustainable finance in terms of actual serious climate action?Mark Carney: Yeah, so first thing, thanks for having me and I'm here, I'm giving, a talk later on today at something called the PRI in person, which is 2000 people from around the world focused on more than just sustainable finance, but certainly sustainable finance, and I'm going to talk about that aspect of it and specifically what is the financial sector doing and not doing to get capital to solutions to address climate change.In essence, that's what sustainable finance is. Success in sustainable finance will be when we can drop the adjective, when this just becomes mainstream. And all the work that I and others have been doing, particularly since three years ago, almost to the day, there was a COP, one of these big processes in Glasgow, where finance was at the heart of it. And we've been working to make sure that people have the information first and foremost. And when I say people, I mean people, you know, out here in The Beaches, people working in the center of Wall Street or around the world, investors, people managing people's pensions, that they have the information that's needed in order to judge who's part of the solution and who's still part of the problem, that we have the right market structure. We need some new markets in order to solve this and that we see action and we can judge that action accordingly. Nate Erskine-Smith: And before we get to the possible potential impact of that disclosure–the Canadian context. So you had said in 2019 I think you'd expressed some frustration in one of your speeches about, and this wasn't specific to Canada, but the global pace of progress towards sustainable finance was moving far too slow. We wake up and it’s five years later and in Canada, we still haven't seen these rules put in place. And so what do you hope to see hopefully sooner than later here in Canada?Mark Carney: Yeah, well, let me give a global context first. It's a global event, global context, we operate in a global market, capital moves around the world. And if I look at the world, you have over 700 of the world's largest financial institutions controlling over 40% of the financial assets in the world. Huge numbers, $150 trillion, US dollars, for that matter that these institutions oversee, They're all committed to shift the management of those assets consistent with the transition towards net zero. In other words, to help companies and countries and municipalities get their emissions down. Okay. That's what they're committed to do. And by the way, that what comes with that is if somebody isn't trying to get their emissions down, then money is shifting from those companies. And in one example, to those who are doing something. So globally, you have a huge shift towards this first thing. Secondly, it starts with just reporting on where you stand today. What does your portfolio look like? Who are you investing in or lending to? The next step, of course, is to have a plan. You don't solve anything without a plan. You got to put the plan in action. And as we meet today, we're in a situation where 500 of those 700 institutions have full blown, what's called a transition plan, but a plan, to move the money, and they are moving the money, towards the solutions.Sustainable Finance Within a Canadian ...
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    1 hr and 15 mins

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