Transcript: The Agenda's Week in Review | May 31, 2019

Nam stands in the studio. She's in her early forties, with shoulder length curly brown hair. She's wearing glasses and a black blazer over a red shirt.

A wall screen behind her reads "The week in review."

Nam says "THE AGENDA" THIS WEEK
HEARD HOW CLIMATE MODELING
WORKS.
LEARNED WHY THE BANK OF CANADA
NOW CONSIDERS CLIMATE CHANGE A
RISK, SURVEYED WHAT MAKES SOME
OF THE WORLD'S BEST CITIES GREAT
AND CONSIDERED WHAT SHOULD BE
DONE ABOUT THE MUCH DISLIKED
PIECE OF LEGISLATION, THE INDIAN
ACT.
THE AGENDA'S WEEK IN REVIEW
BEGINS
TUNING INTO THE LAW SOCIETY OF
ONTARIO'S DEBATE OVER A
STATEMENT OF PRINCIPLES.

Music plays as an animated slate reads "The week in review."

Steve sits in the studio. He's slim, clean-shaven, in his fifties, with short curly brown hair. He's wearing a gray suit, blue shirt, and spotted blue tie.

A caption on screen reads "Conflict at the Law Society of Ontario. Common ground?"

Steve says IF YOU BELIEVE THERE
IS SYSTEMIC RACISM IN THE
JUSTICE SYSTEM YOU NEED TO DO
SOMETHING ABOUT IT AND SHE WAS
COMFORTABLE ABOUT THE
STATEMENT OF PRINCIPLES AS AN
INITIAL START TO THAT.
LET'S START THERE.
IS THERE SYSTEMIC RACISM IN THE
JUSTICE SYSTEM IN ONTARIO?

The caption changes to "Murray Klippenstein. Law Society of Ontario Bencher."

Murray is in his late fifties, with wavy gray hair and a full beard. He's wearing glasses, a blue suit, checkered pink shirt and red tie.

Murray says IT'S A BIT OF A TRICK
QUESTION.
AND I THINK THE ANSWERS PROBABLY
YES.
BUT HERE'S THE THING: WHAT THE
LAW SOCIETY DID QUITE A FEW
YEARS AGO WAS START A PROCESS TO
INVESTIGATE CHALLENGES FACED BY
RACIALIZED LAWYERS IN THE
PROFESSION.
AND THEY SPENT A LOT OF MONEY...
I DON'T KNOW, 100000, 200,
300000 dollars, I'M GUESSING ON A
BUNCH OF STUDYING INCLUDING A
SURVEY AND SO FORTH.
WHEN THIS CAME UP I SAID I MUST
BE WRONG.
I MUST BE MISUNDERSTANDING
SOMETHING.
I'VE BEEN FIGHTING RACISM ALL MY
LIFE.
OFTEN AT GREAT PERSONAL COST
AMONG OTHER THINGS.
AND EVERY STEP OF THE WAY I FELT
THAT THIS PROCESS WAS
MISREPRESENTATIVE, MANIPULATIVE.

The caption changes to "Connect with us: Twitter: @theagenda; Facebook, agendaconnect@tvo.org, Instagram."

Steve says THE PROCESS OF THE
STATEMENT OF PRINCIPLES?

He says OF THE WHOLE STUDY.
AND IDEOLOGICALLY DRIVEN.
AND THIS IS SOMEBODY WHO STARTED
OUT SYMPATHETIC.
SO I DIDN'T TRUST THAT PROCESS.
AND NOW I DON'T TRUST IT.
AND I THINK IT'S VERY
UNFORTUNATE.
BECAUSE IF THAT PROCESS HAD
HAPPENED IN A WAY THAT ACTUALLY
LOOKED AT... YOU RAISE A
QUESTION OF SYSTEMIC RACISM,
WHAT IS GOING ON THERE AND WHAT
ARE THE SOLUTIONS?
THAT IS WHAT I WOULD WANT.
IT'S TOO LATE FOR THAT NOW.
THE DAMAGE HAS BEEN DONE.

Steve says KARIMA, I THINK PART
OF THE ISSUE THE OTHER SIDE HAD
AS I UNDERSTAND IT... BECAUSE
WE'VE DONE A PROGRAM ON THIS
BEFORE... IS NOBODY'S GOING TO
ARGUE AGAINST DIVERSITY.
BUT THE NOTION THAT YOU WOULD
HAVE TO AS A LAW FIRM SORT OF
TELL WHAT THE DEMOGRAPHIC MAKE
UP OF YOUR LAW FIRM IS TO THE
LAW SOCIETY, HAVE THAT
INFORMATION PUBLISHED FOR THEM
AND THEN THEY WILL RANK LAW
FIRMS IN THE PROVINCE BY WHO'S
SORT OF MEETING THE TARGETS AND
WHO'S NOT.
MANY PEOPLE FOUND PROBLEMATIC.
DO YOU SEE A PROBLEM WITH THAT?

The caption changes to "Caryma Sa'd. Lawyer."

Caryma is in her thirties, with curly brown hair in an updo. She's wearing red-framed glasses, a black blazer and a white shirt.

She says I AM NOT SURE WHAT TARGETS
WE'RE REFERRING TO BECAUSE THERE
IS NO QUOTA SYSTEM.
THERE ARE NO TARGETS.
IT'S ABOUT DATA COLLECTION,
RIGHT?
AND WHAT DO WE THEN USE THAT
DATA FOR?
THAT'S A VERY VALID QUESTION.
AND, YOU KNOW, I DON'T HAVE THE
PRECISE ANSWER TO THAT.
BUT AT LEAST KNOWING THE EXTENT
TO WHICH DIVERSITY HOWEVER WE
FORMULATE THAT, IS EXISTING IN
LAW FIRMS, THAT AT LEAST GIVES
US GROUND TO THEN TACKLE THE
ROOT CAUSE OF ANY ISSUES THAT
MAY FIT.

The caption changes to "The Week in Review. @theagenda. Tvo.org."

Steve says I MISSPOKE, SHE'S
RIGHT, MURRAY, THERE ARE NO
TARGETS SET OUT IN THE
PRINCIPLES.
CAN YOU IMAGINE THAT SOME OF THE
BIGGER LAW FIRMS WOULD HAVE BEEN
EMBARRASSED HAD THE NUMBERS BEEN
PUBLISHED AND WE FINALLY FIND
OUT THAT SMITH, SMITH, SMITH AND
JONES HAVE ONLY TWO RACIALIZED
LAWYERS IN THEIR FIRM.

Murray says IF I MAY, THERE'S A
CORRECTION.
THERE ARE TARGETS.
IT'S VERY IMPORTANT.
RACIALIZED MEMBERS OF THE
PROFESSION, LAWYERS AND PAIR
PARA-LEGALS SHOULD BE
REPRESENTED IN LAW FIRMS IN
EVERY WORKPLACE AT EVERY LEVEL
EQUIVALENT TO THE POPULATION.
THAT'S A DE FACTO QUOTA WHICH IS
HUGELY IMPORTANT.

Steve says IT'S ASPIRATIONAL,
ISN'T IT?
IT WASN'T MANDATORY.

Murray says THIS GETS BACK TO THE WHOLE
IDEA OF DIVERSITY.
I OBJECT TO ANYBODY... AS A
LAWYER, AS A CANADIAN, IN
GOVERNMENT, TELLING ME WHAT MY
PRINCIPLES R I THINK THAT'S
FOUNDATIONAL TO OUR SOCIETY.
MANY PEOPLE MAYBE DON'T THINK
ABOUT IT AS MUCH AS PERHAPS WE
NEED TO SOMETIMES.
BUT REGARDLESS OF WHAT THOSE
ARE, YOU MENTIONED DIVERSITY,
FIRST OF ALL, THIS DOES APPLY TO
EVERY SINGLE LAWYER INDIVIDUALLY
NOT JUST FIRMS.
AND SECONDLY, YOU KNOW, WHEN YOU
GET INTO THE ISSUE OF DIVERSITY,
YOU KNOW, MY FRIEND SAID THIS
WAS REALLY ABOUT MAKING US
REFLECT ON IT.
WHY DID MY WHOLE CAREER WAS...
AND I REFLECTED ON THIS AND I
SAID THERE ARE PROBLEMS WITH THE
IDEA OF DIVERSITY, THE WORD.
IT'S OFTEN MISUSED.
IT'S A CODE WORD.
IT'S A MASK FOR A WHOLE BUNCH OF
OTHER THINGS WHICH I THINK ARE
QUITE IDEOLOGICAL.

Steve says I GET YOU.
LET ME PUT THE MATH TO Caryma.
I BELIEVE MURRAY IS RIGHT ABOUT
THIS.
IF THE ASPIRATION IS THAT THE
LEGAL PROFESSION OUGHT TO LOOK
LIKE THE SOCIETY IT SERVES, IN
OTHER WORDS HALF WOMEN, WHATEVER
THE PERCENTAGE IS OF MUSLIMS
THAT SHOULD BE THE NUMBER OF
MUSLIM LAWYERS.
WHATEVER THE PERCENTAGE OF JEWS,
THAT SHOULD BE THE NUMBER OF
LAWYERS.
CAN YOU UNDERSTAND THAT SOME
PEOPLE MIGHT FIND THAT
PROBLEMATIC?
IT SOUNDS LIKE A QUOTA.

The caption changes to "For more on this story visit: tvo.org/theagenda."

Caryma says AGAIN, AS FAR AS IT BEING AN
ASPIRATION, I THINK SOME OF THE
CONCERN COMES FROM WHAT ABOUT
MERIT?
RIGHT?
WHAT IF WE APP WE'RE FOCUSING
TOO MUCH ON DIVERSE CRITERIA.
WE'RE GOING TO LOSE SIGHT OF
MERIT.
WELL, I THINK THE PROBLEM IS
THAT MERIT'S ACTUALLY, YOU KNOW,
SCATTERED FAIRLY EVENLY ACROSS
DEMOGRAPHICS.
BUT WE DON'T HAVE THE SAME
OPPORTUNITY.
RIGHT?
WHEN I WENT TO LAW SCHOOL, IT
WAS BETWEEN 12 TO 14,000 dollars A YEAR.
IF I WAS TO GO TO THE SAME LAW
SCHOOL TODAY, WE'RE LOOKING
CLOSER TO 18,000 TO 20,000 dollars A YEAR.
I WOULD NOT BE ABLE TO AFFORD TO
GO AND I WOULD THEN NOT BE A
PART OF THIS PROFESSION.
I SAY THAT AS A WOMAN, A
RACIALIZED WOMAN, A MUSLIM
WOMAN.
WOULDN'T BE HAVING THIS
CONVERSATION WITH YOU HERE
TODAY.
SO THE IDEA THAT IF WE IMPROVE
THE REPRESENTATION AND WE'RE
CLOSER TO THE COMMUNITY, THAT
SOME HOW THAT'S GOING TO LOSE
MERITORIOUS LAWYERS, I DO NOTBUY
THAT ARGUMENT.

Now music plays as an animated slate reads "The week in review."

Steve sits with four guests.
A caption on screen reads "The Indian Act: What to do with it?. Today's framework."

Steve says I WANT TO GET A SENSE
FROM ALL OF THE GUESTS HERE
TODAY WHO THINKS THE INDIAN ACT
NEEDS TO BE SCRAPPED ENTIRELY.
HANDS UP, PLEASE.

A female guest and a male guest raise their hand.

Steve continues TWO HANDS.
HOW ABOUT JUST AMENDED AND MADE
BETTER?
HANDS UP, PLEASE.

Another male guest raises his hand.

Steve points at the fourth male guest, who didn't raise his hand, and says
YOU DIDN'T VOTE.
WHERE ARE YOU?

The guest says WELL, BECAUSE I THINK THERE'S
ANOTHER OPTION.

Steve says WHICH IS WHAT?

The caption changes to "Russ Diabo. First Nations Strategic Bulletin."

Russ is in his fifties, with short gray hair and a mustache. He's wearing glasses, and a red shirt.

He says I... THIS THE INDIAN ACT NEEDS
TO REMAIN IN PLACE UNTIL EACH
BAND DECIDES TO DEVELOP A
SELF-DETERMINATION PLAN ON HOW
TO GET OUT OF IT.
YOU JUST CAN'T PULL OUT OF IT
BECAUSE IT AFFECTS EVERY ASPECT
OF YOUR LIFE FROM WOMB TO TOMB.
PARTICULARLY PEOPLE LIVING ON
RESERVE.
THEY NEED OPTIONS TO OPT OUT
THAT AREN'T PRESCRIBED BY
OTTAWA.
THAT'S THE PROBLEM IS OTTAWA
OFFERS... THEY SAID IF YOU WANT
OUT OF THE INDIAN ACT OR GO
BEYOND THE INDIAN ACT YOU HAVE
TO ACCEPT OUR OTHER LEGISLATION.
UNDER OUR POLICIES LIKE THE
SELF-GOVERNMENT POLICY OR THE
LAND CLAIMS POLICIES, OR THE
LEGISLATION THAT I REFERRED TO,
THE LAND MANAGEMENT ACT OR OTHER
FEDERAL LEGISLATION.

Steve says FOR THOSE WHO WANT TO
END IT ALL TOGETHER, DOES HIS
APPROACH MAKE ANY SENSE TO YOU?

The caption changes to "Suzanne Stewart. Dalla Lana School of Public Health."

Suzanne is in her forties, with long straight dark hair and short bangs. She's wearing a printed purple jacket and a golden pendant necklace.

She says WELL, I THINK, YOU KNOW,
ENDING IT DOESN'T MEAN JUST
THROWING PEOPLE OUT INTO THE
COUNTRY OF CANADA WITHOUT ANY
ACKNOWLEDGMENT OR TRANSITION
PLAN FOR WHERE WE'VE BEEN.
I FULLY AGREE WITH MY COLLEAGUE
HERE THAT THERE HAS TO BE A PLAN
THAT HAPPENS THAT HAS TO BE
THROUGH A PROCESS OF AUTONOMY
AND SELF-DETERMINATION.

Steve says SOME KIND OF TRANSITION.

The caption changes to "The Week in Review. @theagenda. Tvo.org."

Suzanne says THAT HAS TO HAPPEN BY THE COMMUNITY.
AND WITHOUT THAT COLONIAL PIECE
THAT'S CONTROLLING WHAT PEOPLE
DO.
AND THAT'S REALLY WHAT THE
FUNDAMENTAL ISSUE OF THE INDIAN
ACT IS IS THAT IT BY NATURE
IMPEDES AND PREVENTS AUTONOMY
AND SELF-DETERMINATION.
AND SOMETHING ELSE HAS TO
HAPPEN.
BECAUSE I DON'T THINK WE CAN GO
ON THIS WAY.

Steve says BOB, JUST SO WE'RE
CLEAR, IF JUSTIN TRUDEAU CAME TO
YOU TOMORROW AND SAID: I'M
GOING TO SCRAP THE INDIAN ACT
AND IT'S GOING TO BE DONE BY THE
END OF JUNE, WOULD THAT BE A
GOOD THING?

The caption changes to "Bob Joseph. Author, '21 things you may not know about the Indian Act."
Then, it changes again to "Scrap or amend?"

Bob is in his late forties, clean-shaven, with short gray hair. He's wearing a blue shirt.

He says I DON'T THINK SO.
BASED ON WHAT WE JUST HEARD.
TO SCRAP IT WOULD CREATE A WHOLE
SET OF OTHER PROBLEMS.
AND REALLY A POLICY VACUUM.
THAT'S WHAT THEY'RE SORT OF
REFERRING TO.
SO THE NEXT STEP, THOUGH IS WHAT
DO WE DO TO FILL THAT POLICY
VACUUM AND THAT'S THE
SELF-DETERMINATION,
SELF-GOVERNMENT, SELF-RELIANCE
PIECE.
WHICH I THINK IS TOTALLY
ACHIEVABLE.
YOU LOOK AT THE NISGA'A NATION
WHO HAVE GOTTEN OUT OF UNDER THE
INDIAN ACT.
THEY TRANSFERRED TITLE OF THE
RESERVES.
THEY GOT RID OF THE BANDS.
THEY GOT LARGER LAND BASE AND
RESOURCES AND JURISDICTION.
THEY ACTUALLY AGREED TO PAY
TAXES AS PART OF THEIR TREATY
SETTLEMENT PACKAGE.
BUT WHAT IT'S GIVEN THEM INSTEAD
OF THE INDIAN ACT IS AN ABILITY
TO BE SELF-DETERMINING.
NOBODY IN OTTAWA GETS TO TELL US
WHO OUR PEOPLE ARE ANY MORE.
SELF-GOVERNING.
WE'RE GOING TO GOVERN OURSELVES
IN A WAY THAT MAKES SENSE.
THEY BROUGHT IN SOME TRADITIONAL
GOVERNANCE.
THEIR GOVERNMENT IS CALLED THE
NISGA'A GOVERNMENT WHICH IS
BASED ON THEIR CULTURAL LAW AND
PRACTICE.

The caption changes to "Bob Joseph. Indigenous Corporate Training Inc."

Bob continues THE REALLY IMPORTANT PIECE.
AND I THINK WHAT'S BEEN ALLUDED
TO IS THE SELF-RELIANCE.
WE WANT TO BE ABLE TO PICK
OURSELVES UP AND LOOK AFTER
OURSELVES... PARTICIPATE IN THE
POLITICAL AND ECONOMIC
MAINSTREAM.
BUT IN A WAY THAT PROTECTS OUR
CULTURES AND OUR SOCIETIES AND
OUR NATIONS.

Steve says YOU HAVE HEARD DOUGLAS
A FEW DIFFERENT APPROACHES.
WHAT DO YOU LIKE?

The caption changes to "Douglas Sanderson. University of Toronto."

Douglas is in his forties, with brown hair in a ponytail and a goatee. He's wearing rounded glasses, a gray suit, khaki shirt and spotted yellow tie.

He says I THINK ALL OF THESE
APPROACHES ARE RIGHT.
BUT WHAT IT BELIES IS THE EASE
WITH WHICH PEOPLE TALK ABOUT THE
PROBLEMS FACING
INDIGENOUS-SETTLER RELATIONS AS
THOUGH THIS ONE THING IS SOME
HOW RESPONSIBLE FOR ALL THE ILLS
IN THE WORLD.
THE VERY REAL FEARS THAT STU WAS
TALKING ABOUT ABOUT OUR CHILDREN
HAVE NOTHING TO DO WITH THE
INDIAN ACT.

The caption changes to "Watch us anytime: tvo.org, Twitter: @theagenda, Facebook Live."
Then, it changes again to "For more on this story visit: tvo.org/theagenda."

Douglas continues THOSE ARE REGARDING PROVINCIAL
CHILD WELFARE LAWS.
BUT THEY'RE NEVERTHELESS PART OF
PERVASIVE WEB OF REGULATIONS
THAT EFFECT INDIGENOUS PEOPLE.
I JUST THINK THAT THERE'S ALWAYS
GOING TO BE SOME KIND OF A
LEGISLATIVE RELATIONSHIP BETWEEN
INDIGENOUS PEOPLE AND THE STATE.
THERE HAS TO BE OTHERWISE THE
ASSIMILATION HAS SUCCEEDED.
WE HAVE TO FACE THAT REALITY.
THEN WE HAVE TO ASK WHAT ARE THE
ACTUAL PROBLEMS FACING
INDIGENOUS PEOPLE AND HOW DO WE
FIX THEM STARTING WITH SHOULD WE
GET RID OF THE INDIAN ACT IS NOT
A PRODUCTIVE PLACE TO BEGIN.

Now music plays as an animated slate reads "The week in review."

A female guest speaks in the studio.
A caption on screen reads "How climate change works. Feedbacks."

The caption changes to "Kate Marvel. Columbia University."

Kate is in her late thirties, with long straight blond hair. She's wearing glasses, a dark blue blazer with a matching blouse, and a pendant stone necklace.

She says ONE OF THE BIG WILD CARDS
MOVING FORWARD IN THE NEXT
GENERATION OF MORE SOPHISTICATED
CLIMATE MODELS IS THE CARBON
CYCLE.
WHAT'S GOING TO HAPPEN TO CARBON
IN THE FUTURE?
ARE WE GOING TO GET MORE TREES
THAT ARE ABSORBING MORE OF THAT
CARBON DIOXIDE?
MORE PHYTOPLANKTON.
OR WILL WE SEE FEWER FORESTS
BECAUSE OF FOREST FIRES?
THIS IS A REALLY BIG UNCERTAINTY
AND A REALLY BIG WILD CARD.

Steve says LAST ONE, ICE AND
REFLECTION.

A slate appears on screen, with the title "Climate feedbacks."

The slate shows a picture of a stormy sky over a green plain, and the words "Clouds, Precipitation, Forest cover, Ice and reflection."
Quoted from NASA's Jet Propulsion Laboratory, nasa.gov. May 17, 2019.

Kate says THIS FOR ME I THINK IS THE
MOST INTUITIVE FEEDBACK.
BECAUSE WE KNOW WHAT ICE DOES
WHEN IT GETS WARM.

Steve says MELTS.

The caption changes to "Kate Marvel. Goddard Institute for Space Studies."

Kate says RIGHT.
AND ICE IS VERY REFLECTIVE.
IT IS VERY SHINY.
SO RIGHT NOW THOSE POLAR ICE
CAPS ARE DOING A REALLY GOOD JOB
OF TURNING BACK SUNLIGHT THAT
WOULD OTHERWISE GET TO THE
PLANET SO THEY ARE HAVING A
COOLING EFFECT JUST LIKE
REFLECTORS ON YOUR CAR'S WIND
SCREEN ON A HOT DAY.
IF YOU INCREASE THE TEMPERATURE
OF THE PLANET AND YOU MELT THAT
ICE YOU'RE GETTING RID OF THAT
REFLECTIVE SCREEN.
BECAUSE THAT REVEALS DARKER
GROUND OR OCEAN BELOW.
AND SO THAT IS ANOTHER EXAMPLE
OF A POSITIVE OR A DESTABILIZING
FEEDBACK.
WHEN IT GETS HOT YOU MELT THE
ICE.
YOU LOSE THAT REFLECTIVE SHIELD
AND THAT MAKES IT EVEN HOTTER.

Steve says CAN YOU ESTIMATE FOR
US WHAT PERCENTAGE OF SCIENTISTS
BELIEVE WHAT YOU JUST LAID OUT?

Kate says WHAT PERCENTAGE OF CLIMATE SCIENTISTS OR OVERALL SCIENTISTS?

Steve says AS YOU LIKE.

Kate says I'M NOT A SOCIOLOGIST BUT
HAVE I READ A COUPLE OF PAPERS
IN THE LITERATURE THAT INDICATES
THAT ANYWHERE BETWEEN 98 AND 95 percent
OF SCIENTISTS ACCEPT THE
CONSENSUS THAT CLIMATE CHANGE IS
REAL, HERE AND CAUSED BY HUMANS.

The caption changes to "The Week in Review. @theagenda. Tvo.org."

Steve says IF SOMEONE WERE TRYING
TO ADVANCE AN ARGUMENT AND
ESSENTIALLY POKE HOLES IN ALL
YOU JUST SAID HOW SHOULD WE
REGARD THAT?

The caption changes to "Watch us anytime: tvo.org, Twitter: @theagenda, Facebook Live."
Then, it changes again to "The power of climate modelling."

Kate says IF THEY'RE DOING IT IN THE SCIENTIFIC LITERATURE I WOULD BE
THRILLED BECAUSE I LOVE TO LEARN
NEW THINGS.
AND ARGUING THAT CARBON DIOXIDE
WHICH WE'VE KNOWN IS A A A
GREENHOUSE GAS SINCE THE
1800s.
THAT REQUIRES AN UNDERSTANDING
OF OUR UNDERSTANDING OF PHYSICS.
IF YOU COULD MAKE THAT ARGUMENT
THAT WOULD BE VERY EXCITING BUT
I HAVEN'T SEEN ANYBODY MAKE THAT
ARGUMENT YET.

Steve says IF PEOPLE WERE TO SAY
THE PLANET NATURALLY WARMS AND
COOLS AS IT HAS SINCE TIME
IMMEMORIAL, THEREFORE, WE
DON'T HAVE TO GET AS EXCITED
ABOUT THIS AS THE 95 percent OF THE
SCIENTISTS SAY WE OUGHT TO YOU
YOUR RESPONSE WOULD BE WHAT?

The caption changes to "For more on this story visit: tvo.org/theagenda."

Kate says I FEEL LIKE THAT ARGUMENT IS
TELLING A DETECTIVE ON THE HUNT
FOR A SERIAL KILLER THAT OH,
PEOPLE DIE OF NATURAL CAUSES.
WE KNOW THAT PEOPLE DIE OF
NATURAL CAUSES BUT THAT DOESN'T
MEAN THAT MURDER DOESN'T EXIST.
WE KNOW THAT THE CLIMATE HAS
CHANGED BEFORE.
IN FACT, CLIMATE SCIENTISTS HAVE
DONE MOST OF THE WORK TO SHOW
THAT THE CLIMATE HAS CHANGED
BEFORE.
BUT THAT DOESN'T MEAN THAT HUMAN
RESPECT NOT CAUSING CLIMATE
CHANGE RIGHT NOW.

Now music plays as an animated slate reads "The week in review."

Steve appears on split screens with a female guest.
A caption on screen reads "The climate change risk to our banks. Bad for the bottom line?"

Steve says LET'S DO AN ANALOGY
FROM A DECADE AGO WHEN WE WENT
INTO THE GREAT RECESSION AND
CLEARLY FAR TOO MANY COMPANIES
DIDN'T MAKE GOOD, SOUND
FINANCIAL DECISIONS WHICH
RESULTED IN... THEY SHOWED
APPALLING JUDGMENT AND RESULTED
IN AN INTERNATIONAL FINANCIAL
MELTDOWN THE LIKES OF WHICH
WE'RE ONLY RECENTLY STARTING TO
COME OUT OF.
OKAY, THE COMPARISON IS DO YOU
THINK THE FINANCIAL SERVICES
SECTOR THIS TIME WILL HAVE GOOD
ENOUGH JUDGMENT TO TAKE THE
PRECAUTIONARY STEPS AND ASSESS
RISKS PROPERLY AS IT RELATES TO
CLIMATE CHANGE?
OR ARE THEY GOING TO NEED
REGULATIONS IN PLACE IMPOSED BY
GOVERNMENT TO MAKE THAT HAPPEN?

The caption changes to "Céline Bak. Analytica Advisors."
Then, it changes again to "Building better green businesses."

Céline is in her late fifties, with shoulder-length ashy blond hair and bangs. She's wearing a gray blouse.

She says WELL, I THINK THERE ARE SOME STEPS THAT NEED TO BE TAKEN BY
ALL PARTIES REGARDLESS OF
WHETHER THERE'S REGULATION TO BE
APPLIED SOONER RATHER THAN
LATER.
AND THE FRAMEWORKS FOR THOSE
STEPS HAVE BEEN ESTABLISHED
ALREADY WITH EXTENSIVE
CONSULTATIONS AND BROAD
DISCUSSIONS SO THAT COMPANIES...
INCLUDING BANKS... WOULD HAVE TO
DISCLOSE TO THEIR SHAREHOLDERS
WHICH IS THE PENSION FUNDS THAT
ARE INVESTING MONEY, THAT WE'VE
SAVED, THAT THEY WOULD HAVE TO
DISCLOSE TWO THINGS: HOW IS
CLAIM IMPACTING THE COMPANY AND
HOW IS THE COMPANY IMPACTING
CLIMATE CHANGE.
AND SO THOSE TWO THINGS ARE WHAT
ARE REFERRED TO AS THE PHYSICAL
RISK OF CLIMATE CHANGE AND THE
TRANSITION RISKS OF CLIMATE
CHANGE.
THEY'RE TECHNICAL WORDS.
BUT BASICALLY IT'S TWO SIDES OF
THE SAME COIN.

The caption changes to "The Week in Review. @theagenda. Tvo.org."

Céline continues AND TO THE EXTENT THAT COMPANIES
STEP UP, BE THEY BANKS OR
CORPORATIONS STEP UP TO SAY,
OKAY, HERE'S OUR PLAN, WELL,
THAT WILL MAKE IT POSSIBLE FOR
SHAREHOLDERS FUNDS AND OTHERS TO
KNOW WHAT THOSE COMPANIES PLAN
AND WHAT THEIR ASSUMPTIONS ARE
ABOUT CLIMATE CHANGE AND WHERE
THEY SEE THE ASSUMPTIONS ARE NOT
IN LINE WITH THE WAY THEY THINK
THE WORLD WILL EVOLVE, THEN
THEY'LL INVEST IT.
THEY'LL TAKE THEIR MONEY AND PUT
IT IT SOMEWHERE ELSE.
TO THE EXTENT THAT WE DON'T HAVE
THAT TRANSPARENCY, THEN THERE
ARE VERY SERIOUS RISKS OF HAVING
A REPEAT OF WHAT WE HAD IN THE
GLOBAL FINANCIAL CRISIS.
AT THE SAME TIME, WE NEED TO BE
ABLE TO DECREASE THE SORT OF
FRICTION THAT EXISTS IN TERMS OF
OTHER INFORMATION.
AND THAT OTHER INFORMATION
INCLUDES, FOR EXAMPLE, THE
SCENARIOS THAT ARE PUBLISHED BY
THE INTERNATIONAL ENERGY AGENCY
AND OTHERS THAT REALLY ARE THE
DRIVERS OF HOW CORPORATIONS
ALLOCATE CAPITAL.
SO AT THE MOMENT WE HAVE
SCENARIOS PUBLISHED BY THE
INTERNATIONAL ENERGY AGENCY AND
BY THE WAY THEY'RE IN VANCOUVER
THIS WEEK TO TALK ABOUT JUST
THIS SUBJECT.
THAT ARE ALMOST ALIGNED WITH THE
GOALS OF 1.5 degrees OF WARMING BUT NOT
QUITE.

The caption changes to "Céline Bak. International Institute for Sustainable Development."

Céline continues AND SO IF WE CAN GET THAT KIND
OF INFORMATION AND MAKE IT
AVAILABLE TO THE BANKS AND MAKE
IT AVAILABLE TO COMPANIES SO
THAT THEY CAN THEN SURROUND AND
SAY OKAY OUR STRATEGY TO DEAL...
FOR OUR BUSINESS WITH THESE
CONSTRAINTS ON CARBON AND THESE
PHYSICAL IMPACTS OF CLIMATE
CHANGE IS THE FOLLOWING.
WE'RE GOING TO, YOU KNOW, INVEST
IN ELECTRICITY INFRASTRUCTURE.
WE'RE GOING TO BECOME REALLY,
REALLY CAPABLE AT RENEWABLE
ENERGY GENERATION.

The caption changes to "For more on this story visit: tvo.org/theagenda."

Céline continues WE'RE GOING TO PERHAPS OPEN NEW
LINES OF BUSINESS THAT REALLY
DRIVE ENERGY EFFICIENCY IN THE
BUILDING SECTOR.
WHATEVER IT IS THAT THEY DECIDE
TO DO AS COMPANIES.
BUT WITHOUT THOSE TWO THINGS, WE
ABSOLUTELY HAVE THE POSSIBILITY
OF A REPEAT OF THE SCENARIO THAT
WE HAD WITH THE GLOBAL FINANCIAL
CRISIS.

Now music plays as an animated slate reads "The week in review."

Steve sits with a male guest.
A caption on screen reads "Magic in the modern metropolis. The perfect city."

Steve says THERE IS NO PERFECT
CITY.
BUT DID YOU COME TO A CONCLUSION
ABOUT WHICH ONE COMES CLOSEST?

The caption changes to "Joe Berridge. Author, 'Perfect city.'"

Joe is in his seventies, clean-shaven, with short, receding white hair. He's wearing a gray suit, white shirt, and black tie.

He says UM, NO.
BECAUSE I DON'T THINK THERE IS.
IF YOU WANT THE BEST TRANSIT
SYSTEM IN THE WORLD, GO TO
SHANGHAI.
IF YOU WANT TO SEE THE BEST
AFFORDABLE HOUSING DELIVERY,
THEN NEW YORK AND LONDON ARE
OPERATING IN SIMILAR KIND OF
WAYS AND SINGAPORE AS ALWAYS HAS
ITS OWN COMPLETELY ORIGINAL IDEA
WHICH IS ACTUALLY VERY
EFFECTIVE.
IF YOU WANT TO SEE THE CITY THAT
IS A CAN-DO CITY FROM THE SORT
OF RAISING ITSELF UP FROM DOWN
BELOW, THEN MANCHESTER.
OR EVEN BELFAST ARE CITIES THAT
ARE DOING IT.
IF YOU WANT TO SEE THE CITY THAT
BEST ACCOMMODATES A REALLY
SUBSTANTIAL STREAM OF
IMMIGRATION, THEN TORONTO DOES
IT BEST.
SO CAN YOU PUT ALL OF THESE
THINGS TOGETHER?
I DOUBT IT.
I THINK, YOU KNOW, HISTORICALLY,
PERHAPS, IT'S VERY INTERESTING.
I THINK A CITY'S PRIMACY DOESN'T
LAST VERY LONG IN ANY OF THESE
CATEGORIES.

The caption changes to "The Week in Review. @theagenda. Tvo.org."

Joe continues PERHAPS A QUARTER OF A CENTURY.
A HALF AT BEST.
AND YOU GET THE DISTINCT SENSE
IN LONDON THAT IT HAS PEAKED.
ALTHOUGH IT'S PEAKED AND DONE
DOWN SEVERAL TIMES BEFORE.
NEW YORK IS STILL IN THE
ASCENDANT.

Steve says YOU SAY NEW YORK IS
THE CAPITAL OF THE WORLD.

Joe says RIGHT NOW.
FUNCTIONALLY IT IS BECAUSE IT'S
THE HEART OF THE FINANCIAL
SYSTEM.
THAT'S THE OTHER THING THAT BY
THE WAY YOU CAN'T IGNORE.
THE FINANCIAL SERVICES INDUSTRY
IS THE BIGGEST INDUSTRY IN ANY
CITY.
AND SO HOW THE BANKS ARE DOING,
HOW FINANCIAL SERVICES ARE DOING
IS HUGELY INFLUENTIAL IN THE
POWER OF THAT CITY.
LARGE PART OF ME WISHES THAT
WEREN'T THE CASE BUT THAT'S
CLEARLY ONE OF THE FUNDAMENTAL
DRIVERS AND NEW YORK IS STILL...
NOT SURE FOR HOW LONG, BUT IS
STILL THE CORE OF THE WORLD'S
FINANCIAL SERVICES INDUSTRY.

Steve says SYDNEY, AUSTRALIA MADE
YOUR LIST, FOR WHAT?

The caption changes to "Joe Berridge. Urban Strategies."

Joe says LARGELY BECAUSE SOMEONE ASKED ME TO GO THERE.
[LAUGHTER]
IT'S A FASCINATING CITY.
BECAUSE IT'S LIKE TORONTO WITH A
DECENT CLIMATE.
IT'S LIKE TORONTO WITH
TOPOGRAPHY.
AND THIS HIS TORE EXTRAORDINARY
PEDIGREE OF THE WAY THE SEA
COMES INTO THE CITY.
BUT WHEN YOU WALK ON THE STREETS
IT IS LIKE TORONTO.
ENDLESSLY LONG STREETS, EVERY
ETHNICITY AND EVERY RESTAURANT
YOU HAVE SEEN IN YOUR LIFE.
INTERESTINGLY, THE SAME KIND OF
MUDDLING AROUND.
THAT WE'VE GOT AS WELL.
THERE'S ALSO THE COMMONWEALTH
SENSIBILITY.
THERE IS A WAY PEACE, ORDER AND
GOOD GOVERNMENT.

The caption changes to "For more on this story visit: tvo.org/theagenda."
Then, it changes again to "Joe Berridge, @joe_berridge."."

Joe continues BUT DON'T HAVE ANY HIGH EXPECTATIONS.
EXCEPT THAT, BECAUSE YOU'RE
SYDNEY AND REALLY WHENEVER YOU
LOOK AT A MAP, SYDNEY'S WAY DOWN
THERE IN THE BOTTOM CORNER, THEY
HAVE TO WAVE A BIG FLAG.

The clips end and Nam stands in the studio alone.

She says THAT IS "THE AGENDA'S."
WEEK IN REVIEW.
YOU CAN SEE ALL OF THOSE
CONVERSATIONS IN FULL AT
tvo.org.
ON OUR YOUTUBE CHANNEL AT
youtube.com/theagenda.
AND ON OUR TWITTER FEED
twitter.com/TheAgenda.

Watch: The Agenda's Week in Review