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Decentralized Democracy

House Hansard - 58

44th Parl. 1st Sess.
April 26, 2022 10:00AM
  • Apr/26/22 10:51:21 a.m.
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Madam Speaker, I will start by thanking the member for Vancouver Kingsway for his advocacy on public health care, with pharmacare and dental as two examples. My question is on the supply and confidence agreement that New Democrats have signed with the governing party, which mentions a plan to phase out fossil fuel subsidies. However, we know that this budget also proposes a new investment of $7.1 billion in a new subsidy for carbon capture and storage. This is my question to the member: Is this a concern to him?
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  • Apr/26/22 4:48:47 p.m.
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Madam Speaker, it was encouraging to hear the member talk about how oil production is going up in this country. I think one of the greatest solutions to the challenges we face in energy would be to support the development of liquefied natural gas products in Quebec. I think once those products were on stream, we would see the Bloc supporting the energy sector. There are some hopeful opportunities maybe in the future. I want to ask the member a question about subsidies because he went on about alleged subsidies. It seems to me that people looking for reasons to oppose the energy sector call any kind of incentive, any kind of tax break, a “subsidy”. They use such an expansive definition of the term. There are no real subsidies to the oil and gas sector, but the Bloc tries to redefine the term “subsidy” to be so expansive that it includes almost anything. Would he be supportive of applying the same definition of “subsidy” to industries that are important in his province and ending subsidies to those industries as well?
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  • Apr/26/22 4:49:50 p.m.
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Madam Speaker, the Conservatives have it so easy. Their problem is that they never have enough oil, so their solution is to have more oil. There are times I would love to be in their position. We are talking about investment credits. When an oil company invests $1 but ultimately pays less than $1 because the government makes up the difference, that is an economic subsidy. I do not need any lectures from my colleague on equalization or transfers. It is like a dog chasing its tail. The Conservatives blame us for equalization and use that as an excuse to produce even more. When they produce even more and the fiscal gap gets even bigger, they will blame us even more. The Conservatives are creating their own problems and their own solutions. Sometimes I wonder what it would be like to be in their head.
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