The time is now for Canada to invest in retraining to help workers affected by the transition to a greener economy, former Bank of Canada and Bank of England governor Mark Carney said Monday. "(We need to ensure) that the resources of a country, Canada in this case, can be properly dedicated to retraining, to building the resources of the future, to reinvest in the areas that are undergoing these adjustments," Carney said. "And now is the time to do it – not at some cliff-edge point down the road when there is a sharper adjustment.” Carney — the UN special envoy on climate action and finance — made the remarks at the International Economic Forum of the Americas Montreal conference. The event is taking place this week, less than two months before the next UN climate conference is scheduled to take place in Glasgow, Scotland. Sustainable finance, or how to use the power of the financial sector's trillions of dollars in assets to help achieve net-zero carbon emissions by 2050, will be on the agenda at the UN event, known as COP26.