Clément Gignac

Aligning Canada's financial system with the climate science. Recommendations: climate taxonomy, sustainable investment guidelines that exclude fossil fuels, climate-aligned transition plans, emissions targets, disclosure requirements regarding climate-related financial risk, tighter regulations surrounding who can be on boards of federally regulated entities, factoring climate risk into capital adequacy requirements, Sustainable Development Working Group. Signed a petition with the following asks (e-7114): "We, the undersigned, Citizens of Canada, call upon the Prime Minister to 1. Provide a legislative foundation that supports our stated commitment to protect our shared environment as we develop energy infrastructure by ensuring that any federal investment, use of tax-credits or financial support for the development of hydrocarbon-based infrastructure, including carbon capture and storage infrastructure, be matched, dollar for dollar, by federal funding for renewables-based infrastructure; and 2. Enact legislation to end coal-fired power generation by 2035." Signed a petition with the following asks (e-7133): "We, the undersigned, citizens and residents of Canada, call upon the House of Commons to: 1. Mandate a study by the appropriate House of Commons committee or committees into risks of foreign interference and foreign funding associated with political advocacy in Canada, including advocacy related to separatist movements; 2. Request that relevant federal authorities assess and report to Parliament, consistent with national security and privacy obligations, on the nature and scope of any risks identified; and 3. Consider any legislative or policy measures necessary to strengthen transparency, enforcement, and safeguards against foreign interference and foreign-funded political activity in Canada." Signed a petition with the following ask (e-7148): "We, the undersigned, citizens, call upon the House of Commons to require all federal party leaders to obtain and maintain top-secret security clearance to ensure they are fully informed of threats to Canada’s national security and able to act decisively to protect Canadians and our democracy." Debt Justice. Conversations focus on the effects that debt has on the Global South and Indigenous communities, including paying down debt instead of investing in climate-resilient infrastructure. The three main asks are: debt cancellation for unjust and unsustainable debts; global financial reform to prevent future crises; and a debt resolution framework within the United Nations that is transparent, binding and fair. Bill S-238, the Climate-Aligned Finance Act. Bill S-238, which was developed through extensive consultation with national and international experts, provides a practical framework to mobilize finances toward projects that meaningfully reduce emissions; mitigate systemic climate risks threatening our economy; and promote transparency and accountability, helping investors make informed decisions. Citizens' Climate Lobby Canada is currently advocating for the bill to be passed by the Senate and sent to the House of Commons. Industrial carbon pricing in Canada. Industrial carbon pricing gives large industrial emitters an incentive to reduce emissions that cause climate change. Points of discussion: commitment to annual price increases, periodic review of provincial and territorial systems, oversupply of emission reduction credits, offset credits, transparency, expanded scope of the federal Benchmark, potential conflicts with the Alberta-Canada MOU.

Accompagner le gouvernement dans la modification de son règlement sur la norme zéro émission ainsi que sur la règlementation sur les combustibles propres. Activités dans le but d'accélérer la transition vers l'industrie des transports électriques via des rabais gouvernementaux à l'achat de véhicules électriques, des programmes de déploiement de bornes de recharge ainsi des programmes d'informations aux consommateurs vis-à-vis les véhicules électriques.

Make representations to the federal government to introduce in the 2025 Budget a series of fiscal measures to support the purchase of electric vehicles (EVs), light duty vehicles (LDVs) and medium and heavy duty vehicles (MHDVs), and to increase funding for EV charging infrastructure in Canada. Federal government to implement regulatory measures to support clean fuel standards and to amend the national building code to help reduce the cost of installing EV charging infrastructure in multi-unit commercial and residential buildings. Federal government to develop targets for the electrification of all surface transportation modes to support Canada's climate change targets and to develop policy for a zero emission vehicle supply mandate.

Loi sur les banques - Dispositions ayant trait à l’organisation, au fonctionnement et à l’encadrement de l’écosystème des coopératives de crédit fédérales en vue de favoriser une concurrence accrue dans le marché canadien. Encadrement du secteur financier, notamment dans une perspective d’assurer un marché concurrentiel équitable pour les consommateurs et au bénéfice de la croissance de l’ensemble des institutions financières canadiennes Sensibilisation à l’adoption d’initiatives gouvernementales nationales pour contrer le vol de véhicules Promotion de la littératie financière auprès des Canadiens en collaboration avec le gouvernement du Canada. Politiques fédérales en matière d'habitation et de logement Évolution de l'encadrement fédéral sur l'adaptation et la résilience aux changements climatiques Encadrement fédéral en matière de lutte contre le recyclage des produits de la criminalité et le financement des activités terroristes, de même qu’en matière de lutte contre l’évasion fiscale. Développement international, concernant l’accessibilité des services financiers diversifiés aux populations moins favorisées de la planète. Assurance-médicaments, en ce qui a trait aux médicaments onéreux, l’établissement d’un formulaire national et l’accès aux médicaments. Administration des programmes fédéraux d'aide gouvernementale

Encadrement du secteur financier, notamment dans une perspective d’assurer un marché concurrentiel équitable pour les consommateurs et pour l’ensemble des institutions financières canadiennes Sensibilisation à l’adoption d’initiatives gouvernementales nationales pour contrer le vol de véhicules Promotion de la littératie financière auprès des Canadiens en collaboration avec le gouvernement du Canada. Politiques fédérales en matière d'habitation et de logement Évolution de l'encadrement fédéral sur l'adaptation et la résilience aux changements climatiques Encadrement fédéral en matière de lutte contre le recyclage des produits de la criminalité et le financement des activités terroristes, de même qu’en matière de lutte contre l’évasion fiscale. Développement international, concernant l’accessibilité des services financiers diversifiés aux populations moins favorisées de la planète. Assurance-médicaments, en ce qui a trait aux médicaments onéreux, l’établissement d’un formulaire national et l’accès aux médicaments. Administration des programmes fédéraux d'aide gouvernementale

Discussions relating to the legislative, regulatory, and policy developments related to digital currencies and cryptoassets Providing input on the prudential regulation of the banking sector Providing input on amendments to the Bank Act Providing input on federal budget measures that may impact the banking sector Discussions on supporting women’s advancement, career opportunities, and equitable outcomes in the financial services sector Discussing the Accessible Canada Act with the purpose of identifying, removing and preventing barriers for people with disabilities Discussions on strategies to mitigate tariff risks and navigate the review of the Canada-United States-Mexico Agreement Providing input on effective Artificial Intelligence regulation to balance risks and foster innovation Providing input on the regulatory framework to facilitate the process to become a federal credit union and support their operations Discussing plans on the Data Collection Modernization initiative Providing views on the Macroeconomic Stress Test (MST) 2.0 review Discussing Bill C-27 – Digital Charter Implementation Act, 2022, relating to the privacy and artificial intelligence provisions Discussions relating to the efficiency and effectiveness of the financial sector regulatory system Discussions on consumer issues relating to potential postal strike ensuring an appropriate scope of guidance Providing inputs on criminal interest rate as it relates to the calculation of the rate and exclusions Office of the Superintendent of Financial Institutions guidelines with respect to capital adequacy requirements, prudential limits and restrictions, accounting and disclosure, and sound business and financial practices Providing inputs on OSFI regulations and draft guidelines including in connection with culture, integrity and security, third-party risk, and operational risk Providing input on the development of the Consumer-Driven Banking Framework Providing inputs on Basel III Implementation with respect to capital floor phase-in and risk weights Providing inputs on Competition Act amendments Personal Information Protection and Electronic Documents Act (PIPEDA): seeking workable, practical approaches in the reform of PIPEDA Excise Tax Act with respect to Goods and Services Tax (GST) and Harmonized Sales Tax (HST) Support the development of an innovative, efficient, and secure payments ecosystem in Canada that benefits consumers Support the goals outlined in the National Cyber Security Strategy and collaborate with government, including the Canadian Centre for Cyber Security, to strengthen Canada’s cyber resiliency The Access to Basic Banking Services: seeking to clarify appropriate identification for opening accounts and to make account opening procedures more workable U.S. Mexico Canada Agreement (USMCA), trade agreements with other jurisdictions, World Trade Organization rules regarding cross-border trade in financial services Support the Government initiative of modernizing the Employment Equity Act and provide input to further strengthen the Act. Discussion relating to agricultural financing, including the efficient administration of the Advance Payments Program and the Canada Loan Administration Act Discussions relating to the development of Financial Consumer Protection Framework and voluntary commitments to promote protection for consumers Capital markets statutory, regulatory and self-regulatory organization regime applicable to banks as corporate issuers and their provincially regulated subsidiaries that are capital markets participants Discussion relating to housing finance framework, including reforms to expand housing supply, mortgage underwriting regulations and covered bonds Providing inputs on climate standards and disclosures Corporate governance statutory and regulatory regime for banks Canada Labour Code with respect to (i) impact on bank management of human resources, (ii) review of Part III of the Canada Labour Code, (iii) flexible work

Advocate for changes to facilitate adoption of auto features for retirement savings. Advocate for legislative or regulatory changes to allow for automatic features in workplace pension plans. Discussions related to the implementation of CRA Notice 344 Consultation on the National Strategy on mental health of men and boys Discussions related to Bill S-5 Connected Care for Canadians Act. FCAC direction to update complaint-handling information for insurers Discussions related to drug pricing, including decisions, policies and processes of the Patented Medicine Prices Review Board (PMPRB) Discussions related to supply and shortages of drugs in Canada, including the Multi-Stakeholder Steering Committee. Discussions related to regulatory burden, including “cutting red tape”. Impacts on Canadian insurers of proposed U.S. tax measures. Discussions relating to the efficiency and effectiveness of the financial sector regulatory system as it pertains to insurance companies. Discussing plans on the Data Collection Modernization initiative Promotion of a broader range of investments by insurance companies (e.g., farmland, timberland, fintechs) Statutory review of the Insurance Companies Act as it relates to insurance products and investments. Discussions related to the implementation of national pharmacare including bilateral agreements with provinces and territories; the committee of experts on the implementation of pharmacare and the advisory panel on bulk purchasing. Promotion of pension products, including decumulation solutions. Discussions related to the implementation of the Interpretation letter on the Canada health act related to physician equivalent services. Inter-provincial harmonization and trade barriers as it relates to insurance products. Discussions related to the financial sector policy review. Office of the Superintendent of Financial Institutions (OSFI). Guidelines related to risk management, capital and accounting for insurance companies. This includes capital charges for infrastructure investments under the LICAT. International Trade with respect to opening trade relations, regulations, foreign ownership and national treatment in foreign markets, with regards to India, Europe, China, Japan, Trans-Pacific partnership (TPP), Canada-United States-Mexico Agreement (CUSMA), Plurilateral Trade In Services Agreement (TISA) and the World Trade Organization (WTO). Work to ensure that the income tax act does not put insurance companies at a competitive disadvantage. Promotion of risk-based and principles-based regulation for financial institutions regulations. Personal Information Protection and Electronic Documents Act: seeking workable approaches to privacy rules affecting life and health insurers when the Act is updated. Income Tax Regulations (section 6(1)(f) as it relates to income tax withholding on wage loss replacement plans (disability income benefits). Income Tax Regulations, Part XIV. Income Tax Regulations, Part III: Updating income tax rules for life insurance policies. Income Tax Act, Section 146: Retirement income recommendations regarding the treatment of life insurance companies; Section 146.2 (TFSAs); Section 146.3 (RRIFs). Income Tax Act, Part VI as it relates to capital tax on financial institutions. Financing infrastructure projects, as it relates to investments by insurers Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) risk-based guidance as it relates to life insurance Employment Insurance (EI) reform as it relates to disability benefits; and EI Premium Reduction Program issues. Amendments to Proceeds of Crime (Money Laundering) and Terrorist Financing rules as they affect insurance companies

Work with government to promote and support Canada’s digital economy, including ensuring the availability of a high-skilled tech workforce. Work with government to facilitate the process of selling goods and services online, and delivering them to consumers.

Bank Act Review. Ensuring any amendments to the Bank Act review are not damaging to the leasing industry. Ensuring that anti-money laundering regulations adequately addresses concerns in the Canadian financial system while ensuring that they do not impose a significant barrier to lenders, specifically independent lenders. Ensure the proactive enforcement of stolen vehicle legislation with respect to Canada Border Service Agency's power to search containers for export.. Amend the Select Luxury Tax Act to exempt all zero emission vehicles Engaging with key public officials to highlight the need for a change of paradigm within Canada's financial sector. The change should aim at integrating more indirect finance companies, and their specific abilities, to improve small and medium businesses' access to equipment finance. Increase the automobile income tax deduction limits and expense benefit rates that will apply in 2025 and beyond. These changes could be done by amending the Income tax Act or accompanying regulations. Seeking better enforcement and inspection by the Canada Border Service Agency of potential stolen vehicle shipments leaving Canada's ports. Seeking a Parliamentary review of the Mandate of the Farm Credit Canada

Seeking better enforcement and inspection by the Canada Border Service Agency of potential stolen vehicle shipments leaving Canada's ports. Seeking a Parliamentary review of the Mandate of the Farm Credit Canada Increase the automobile income tax deduction limits and expense benefit rates that will apply in 2025 and beyond. These changes could be done by amending the Income tax Act or accompanying regulations. Ensure the proactive enforcement of stolen vehicle legislation with respect to Canada Border Service Agency's power to search containers for export.. Bank Act Review. Ensuring any amendments to the Bank Act review are not damaging to the leasing industry. Amend the Select Luxury Tax Act to exempt all zero emission vehicles

Encouraging more effective use of TFSAs Tax Fairness and Competitiveness with the U.S

Encouraging more effective use of TFSAs. Tax fairness and competitiveness with the U.S.

CFIB supports the principle behind the Canada Jobs Grant but encourages flexibility in its implementation and consideration of small and medium-size enterprises (SMEs)' needs. For example, introducing a permanent refundable tax credits for co-op and internship hires and reducing red tape from programs like Canada Summer Jobs to make it easier for small businesses to continue hiring youth. Advocating on behalf of small and medium-sized businesses to facilitate trade between Canada and other countries (CAN-US tariffs, the Canada-United States-Mexico Agreement, Chinese tariffs). Canadian Federation of Independent Business (CFIB) shares its suggestions for Budget 2026 focusing on: reducing the small business tax rate from 9% to 6% and increasing the small business deduction (SBD) threshold to $700,000 and index it to inflation going forward. Canada is experiencing an “entrepreneurial drought”: a sustained period where business closures consistently outpace new business starts, leading to a shrinking entrepreneurial base and declining confidence in entrepreneurship. CFIB recommends that reversing this trend should be treated as a national economic priority. Sharing small businesses' views on Labour Code changes, impact on small businesses and the need to ensure the fluidity of the supply chain. Sharing survey results on improving CFIA customer service to encourage the review of their operations to better meet the needs of small and medium-size enterprises (SMEs) - reducing red tape and facilitating food mobility within Canada. Sharing data information and recommendations related to the state of small and medium-size enterprises (SMEs) overall and for specific sectors which could also include provincial data. Promoting reforms to the Competition Act that will ensure small businesses have an equitable opportunity to compete in today’s economy, especially as small and medium-size enterprises (SMEs) have noted an increase in large corporate giants within Canada. Shipping costs pose a significant barrier for small business, as such we continue to advocate for favourable shipping rates with carriers (including the cost of shipping along with better service levels and addressing the work stoppage at Canada Post). Presenting the views of small business owners based on our survey data to the Canada Revenue Agency to share ways of improving customer service interactions with small and medium-size enterprises (SMEs) and suggest ways to ease the tax burden on small business owners as well as increase accountability within the agency. CFIB continues to monitor the effects of the Consumer Product Safety Act on small and medium-size enterprises (SMEs) and other issues raised related to the mandate of Health Canada. We also continue to monitor customer service interactions between our members and Health Canada. Any issues are raised with officials. CFIB advocates for simplification to the federal procurement process on behalf of small and medium-size enterprises (SMEs). Lobbying to reduce Red Tape by focusing on removing interprovincial trade barriers, facilitating labour mobility and improving government customer service. This includes providing input for the consultations on the Annual Regulatory Modernization Bill. Goods and Services Tax/ Harmonized Sales Tax Administration with regards to Transitional Rules, Out of Province Sales Rules, Point-of-Sale Rebate, and fillings. Retirement Income Policies, and proposed Canada Pension Plan increases. CFIB is against mandatory increases in Canada Pension Plan, and has provided alternative approaches. CFIB has also shared recommendations to reduce disincentives to work for older workers. Presenting the views of small business owners on infrastructure spending through member survey results, mandate votes and other CFIB research. Offering funding solutions and alternatives to government proposals on transit and infrastructure expansion. Personal Information Protection and Electronic Documents Act (PIPEDA)

Clean electricity regulations and emissions cap Investing in Employment Insurance, care workers, unionized jobs and strong workplace standards Addressing the high cost of living and investing in affordable housing Implementation of universal pharmacare, dental care, long term care and mental health care Labour provisions in the Canada-Ecuador Trade Agreement and Canada-United States-Mexico Agreement. The regularization of undocumented workers, update and possible next steps for the CLC Out-of-status Construction Workers in the GTA project Bill C-65, Canada Elections Act With interest in provisions that impact Third Parties and contributions to Third Parties Bill C-27, Digitial Charter Implementation Act - Part III of C-27 and the impact of artificial intelligence on jobs and workers.