Tech Tuesday: How Canada's 2023 Budget Impacts Energy Transition

The US Inflation Reduction Act, which committed nearly $370 billion to clean energy incentives, aims to reduce renewable energy costs, lowering GHG emission footprints and accelerate the clean energy transition. Canada has unveiled an $80 billion investment plan to promote clean energy and sustainable infrastructure in response to the US Inflation Reduction Act. This investment plan includes $60 billion in clean energy tax credits and $20 billion in sustainable infrastructure investments.

Join this panel discussion for a macro-level comparison of key US and Canadian policy measures as we examine their implications for carbon capture, utilization and storage and hydrogen markets, and sectoral implications for NetZero aspiring organizations.

Lunch will be provided.

About the speakers:

Chris Chow:

Chris is the Executive Director, Energy, Infrastructure & Transition Investment Banking with CIBC Capital Markets. He joined CIBC Capital Markets in 2018 and has over 12 years of financial advisory and capital markets experience across energy infrastructure, power and utilities, and oil and gas sectors. Previously he held investment banking and equity research roles with Morgan Stanley and National Bank in Calgary, New York, and London.

Munir Patel:

Munir is a Partner in Deloitte‘s Risk Advisory practice. He is the co-leader of the firm’s Canadian Internal Audit practice, leader for Western Canada’s Third-Party Risk Management practice, and is also a core member of the Oil and Gas industry segment. Leveraging his 20+ years of industry experience within Canada’s largest energy company, he is able to connect and collaborate with business leaders on strategy, risk, innovation and solutions that deliver tangible value to organizations.

Yrjö Koskinen:

Yrjö the BMO Professor of Sustainable and Transition Finance at the Haskayne School of Business. He served as the Associate Dean of Research and Business Impact from 2017 to 2022 and has previously been a faculty member at Stockholm School of Economics, Boston University’s Questrom School of Business, and the Wharton School of the University of Pennsylvania. Prior to his academic career, Yrjö worked as a financial journalist, and as an economist and the head of securities markets office at the Bank of Finland.

Yrjö’s main research areas are sustainable finance and corporate governance. He is a research member at the European Corporate Governance Institute. His research has been published in the leading finance and management journals, such as the Journal of Financial Economics, Review of Financial Studies, and Management Science. He is a frequent contributor to media, such as CBC, The Globe and Mail, Financial Post, and Calgary Herald.

Accessing the Energy Transition Centre:

• The Energy Transition Centre is located on the 15th floor in the Ampersand East Tower. If you are not able to locate the East elevator bank, please ask security or the Ampersand concierge.
• Daily and hourly underground parking is available through ParkChamp at the Ampersand with access on 3rd or 4th Ave.
• Additional parking options near the Ampersand include: option 1, option 2, and option 3.

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