SoVote

Decentralized Democracy

House Hansard - 73

44th Parl. 1st Sess.
May 17, 2022 10:00AM
Context: House Hansard - 73 - May/17/22
Mr. Peter Julian
  • May/17/22 12:51:27 p.m.
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Madam Speaker, let us talk about subsidies. Let us talk about TMX. The private sector was walking away from it, but the Liberals, with the support of the Conservatives, said that in 24 hours they would come up with $4.5 billion to buy the pipeline. It turns out, as the PBO said, that it was $1 billion more than it was even worth. Subsequent to that, we have seen tens of billions of dollars poured into TMX, and the Parliamentary Budget Officer again said this is simply not a project that will ever return on investment the money that has been poured in from the public sector. Now we have a loan guarantee of an additional $10 billion, so over $30 billion has been poured into TMX, which will never return that money to taxpayers. Why do the Conservatives not speak out against that abuse of public funds?
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Context: House Hansard - 73 - May/17/22
Mr. Nathaniel Erskine-Smith
  • May/17/22 1:32:15 p.m.
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Madam Speaker, I am not going to justify federal investment in TMX. I am not going to justify EDC's role in financing TMX and other fossil fuel infrastructure. What I will emphasize, though, is the importance of the overall emissions reduction plan and the serious climate action that we have seen over the last six and a half years. This is such critical action that climate experts overwhelmingly endorsed the Liberal plan in the last election. As an example, Andrew Weaver, the former B.C. Green Party leader and climate scientist, called the recent emissions reduction plan tabled just last month, an “outstanding plan”, saying “Canada [has reclaimed] international leadership on climate file.” There are reasons for criticism, but overwhelmingly, I think there are reasons for optimism.
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