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Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)

Apr/26/22 11:03:58 a.m.
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Madam Speaker, the Canada Infrastructure Bank provides opportunities for capital investments, and one of the significant aspects of capital investments is to have a green transition. A good example of that is in Brampton, where zero-emission buses will be put in place as a direct result of agreements between the City of Brampton and the Canada Infrastructure Bank. I am wondering if my colleague could provide his thoughts on the potential positive role the Canada Infrastructure Bank could have in investing in green transition.

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Context: House Hansard - 58 - Apr/26/22

Mr. Alexandre Boulerice

Apr/26/22 11:04:41 a.m.
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Madam Speaker, I thank my colleague for his question. The NDP calls the Canada Infrastructure Bank the privatization bank, because it is governed by a market-based logic in which investors get guaranteed profits and returns. As a result, projects are selected mainly based on returns, not public usefulness. That is what the NDP has a problem with. We would like to see the Canada Infrastructure Bank become a real public bank that serves the public interest, not a bank that gives guaranteed returns to private investors. If the bank is operating from a perspective of guaranteed returns, then the choices that are made will not necessarily be good for the energy transition or the well-being of the population in general. They will only be good for shareholders.

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Context: House Hansard - 58 - Apr/26/22

Mr. Michael Kram

Apr/26/22 12:52:22 p.m.
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Madam Speaker, the short answer is yes. We do need research and development into clean energy technologies if we are ever going to deal with global warming. I would say that one source of clean energy that we need to do more with is carbon capture and storage. I had the opportunity just a couple of weeks ago to visit the Boundary Dam project just outside of Estevan, Saskatchewan. It is incredible to see the technologies they are developing down there with respect to carbon capture, storage and sequestration. Greenhouse gas emissions are not a problem if they do not go off into the air. If we can sequester them under the ground and can make use of all our existing energy infrastructure, that is a good solution for everyone.

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Context: House Hansard - 58 - Apr/26/22

Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)

Apr/26/22 4:47:06 p.m.
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Madam Speaker, far from being tired, this is a government that is very progressive, and it continues to move Canadians and this country forward. It is interesting. The Conservatives stand up to say that we have abandoned the oil industry, and the Bloc stands up to say that we are giving too much to the oil industry. The bottom line is that we understand what Canadians want. They want clean air, good jobs, a healthy environment and a strong economy. I have good news for my friends in the Bloc and my friends in the Conservative Party. We can actually do both, and that is what this budget does. Does my friend and colleague not recognize that? One of the things he criticized, the Canada Infrastructure Bank, has invested hundreds of millions of dollars to get zero-emission buses in the city of Brampton. There are a lot of positive things in this budget, and the Canada Infrastructure Bank is doing a lot of positive things.

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Context: House Hansard - 58 - Apr/26/22

Mr. Jean-Denis Garon

Apr/26/22 4:48:05 p.m.
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Madam Speaker, the measures put in place by the Liberal government are brown measures disguised as green measures. The Conservatives see the green, and we see the brown. The reality is that they are only half measures. The Commissioner of the Environment confirmed it once again today. My colleague is boasting about his infrastructure bank, which barely worked. My loyalty does not lie with Brampton, but with the Bloc Québécois. When my colleague from Winnipeg North has travelled one kilometre on a high-speed train in the Quebec-Windsor corridor, he can ask me his question again.

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