 What an incredible room to be in you all represent countries and companies that span the globe Thank you for being here for the fortune most powerful women international summit And bienvenue a more a Yes, I'm in my hometown, so I'm going to be testing some of your high school French Throughout but there is translation available for those of you who need it Many of you joined us in another great Canadian city, Toronto just last month for the 2018 Fortune Global Forum. I'm glad to see that you were so impressed that you decided to come right back to Canada Because it does make sense to gather the world's business leaders here after all We have a pretty great investment climate at the moment In fact, I'd argue that the Canadian advantage for companies and workers is stronger than it's ever been We have one of the most efficient economies in the G7 countries The unemployment rate is at its lowest level in 40 years and today 600,000 Canadians more have a job compared to only two years ago These exportations are at a new level record and Importantly, we're the only G7 country with preferential access to European Asia Pacific and North American markets Simply put we're the only G7 country with a free trade agreement with every other G7 country So Canada now has preferred market access to two-thirds of the global economy Needless to say it's a great time to be doing business in Canada whether you're expanding into new markets Scouting a location for your latest manufacturing plant or searching for a new corporate HQ Now I'm really looking forward to my discussion with Nina, but before we get into it I want to briefly tell you about two exciting new policies. We've recently put forward as a government Policies that will position us for the future growing our economy and providing good jobs and stability for our people I'm talking about putting a price on pollution and pay equity Starting with our planet Maybe you've seen the latest UN report. It basically says that we have 12 years to address climate change or else face devastating consequences Well here in Canada We've implemented a whole host of initiatives over the past few years to protect our oceans phase out coal invest in public transit and conserve our national parks and As a crucial cornerstone piece of this larger plant I announced a few weeks ago that we'll be putting a price on the pollution that causes climate change The problem we face as a country and really as a world is this It's free to pollute And so we have too much pollution William Nordhoff has devoted his life to study the economic impacts of climate change He concluded that the best way to reduce emissions is to put a price on pollution and encourage people to less pollute It's an approach that would also contribute to increase the economy because it motivates companies to innovate to create new technologies And to imagine the jobs of the future Well, Mr. Nordhaus received the Nobel Prize of Economy recently for his efforts and his work in the field In Canada, we know that inaction is no longer an option Climate change is a huge global threat for the opportunities are immense for the companies and countries that choose to lead in this new economy I've been known to say at time or two that the environment and the economy can and must go hand in hand What's good for the economy and what's good for the environment are in this new era very often the same things For companies that want to reduce their carbon footprint and position themselves as cutting-edge economic leaders for this generation in the next Canada is your natural and enthusiastic partner Just ask Shell Petronas Petrochina Mitsubishi and Kogas who last month Announced a 40 billion dollar liquid natural gas project in Canada the single largest private sector investment in our country's history my friends showing leadership on climate change is profitable does create jobs and is quickly becoming the key to success in this world Now another area that requires serious leadership by the people in this room and by governments around the world is Pay equity Equal pay for work of equal value That's a concept. That's pretty hard to disagree with You know it and I know it Real action on pay equity is long long overdue When I was in Davos for the World Economic Forum last January I talked about pay equity as a fundamental piece in The economic empowerment of women and not just because it's the right thing to do It's also the smart thing to do in Canada greater gender equality in the workforce could add 150 billion dollars to our economy over the next decade That's an enormous opportunity that we will let pass us by And I'm proud to say that just last week to take concrete steps to address the gender wage gap Our government introduced historic federal pay equity legislation This coupled with other key investments and things like child care and parental leave as well as our recently Launched women entrepreneurship strategy will make a huge difference not just for Canadian working women But for our economic success as well Now inequality in the workforce isn't new I'm sure that many of you over the course of your impressive careers have had to fight for the pay The work environment and the recognition that you deserve You know it now that you knew it then Having your work undervalued and being underpaid simply because you are a woman is unacceptable Making real important change is difficult. It takes courage and it takes leadership to do big things But I know that this room is up to lead the challenge Many of you have already addressed the gender wage gap with your own corporate advocacy and policies for that I thank you and I vow to work with you in the months and years ahead to get better results for women everywhere The summit of the most influential women organized by fortune Creates great contribution to encourage progress in this area and establish a work plan Not only for women but also for the working environment and the community. Once again Merci d'être des nôtres ici à Montréal. Je sais que bon nombre d'entre vous ont dû faire un long voyage pour être ici Et on est heureux de vous compter parmi nous aujourd'hui Thank you all for coming from such a long distance away from any of you to be here in my hometown in Montreal tonight I'm impatient to actually get chatting with Nina. So for now, we'll pass to the next section. Thank you very much