Prime Minister Justin Trudeau virtually attended a United Nations meeting focused on international debt architecture and financial liquidity on Monday, where he expressed concerns over the financial woes being faced by emerging economies.
Appearing alongside the UN's Secretary General António Guterres and Jamaican Prime Minister Andrew Holness, Trudeau said that the ongoing crisis on climate change and the economic challenges that come with it have been "made worse" by the pandemic.
"Several countries have already defaulted, a significant number of emerging economies face serious fiscal challenges, and many developing countries are in debt distress. This comes on top of the economic effects of ongoing emergencies like climate change, which have only been made worse by the pandemic," said the prime minister.
Truly building back better," said Trudeau," means creating good jobs and
growing clean, resilient economies. It means ensuring the legacy of this crisis isn't one of rolling back progress for anyone," said Trudeau, touting his taskforce on women in the economy "to ensure that no one gets left behind."
This is not the first meeting between Trudeau, Guterres, and Jamaican Prime Minister Holness.
During a September UN virtual meeting, Trudeau announced $400 million to humanitarian aid spending "to trusted partners on the ground fighting COVID-19," saying that "Canada believes that a strong, coordinated response across the world and across sectors is essential. This pandemic has provided an opportunity for a reset."
The "reset" quote drew significant ire and criticism from Conservative politicians and pundits, including Former Conservative Party Leadership candidate Leslyn Lewis, who wrote for The Post Millennial that: The goal [of the reset] is to usher in a new way of doing things around the world, where governments play a more active role in wealth generation and distribution, while somehow simultaneously attempting to not stifle ingenuity and innovation.