44th Parl. 1st Sess.
October 6, 2022 10:00AM
- Oct/6/22 11:23:45 a.m.
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Madam Speaker, neither the Bloc Québécois, nor the Liberals, nor the NDP have a plan to deal with climate change. They have a plan to increase taxes. Since the implementation of the carbon tax, the greenhouse gas emission reduction targets have never been met. It simply has not worked.
The hon. member says there will be exceptions, but when? We introduced bills to exempt farmers years ago, but that never happened. We cannot trust the current government or the costly coalition to make it happen.
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- Oct/6/22 12:49:32 p.m.
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Madam Speaker, I am very pleased that my colleague is also singing the praises of farmers. We are seeing today that they do an excellent job.
We must acknowledge that producers are dealing with a level of biodiversity unlike that of the past. They have to adapt. This new biodiversity is mainly the result of climate change. We are experiencing tornadoes. We are experiencing storms. There have been floods in my riding. Farms were surrounded by water. Thousands of litres of milk were dumped into the river because it could not be collected. Land was destroyed.
We have to address climate change as quickly as possible. This side of the House is taking concrete action to address climate change.
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- Oct/6/22 12:50:23 p.m.
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Madam Speaker, I thank the hon. member for bringing forward such a wide range of impacts on our food supply, and also highlighting Food Day Canada, which is hopefully coming through Parliament, and the work of innovation.
The hon. member could maybe highlight the need to protect our water supply and climate, so that farmers can do the work they do so well. An elder from the indigenous community said that our climate crisis is actually a water crisis, and that impacts the cost of food we are debating today. Could the hon. member expand on that?
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- Oct/6/22 12:51:01 p.m.
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Madam Speaker, I would like to thank my colleague for his question. Of course, waterways are affected by climate crises, and they are an essential resource for farmers. Farmers use water to produce food and irrigate the land.
With the changing climate, our government must take the necessary measures to deal with the climate crisis as quickly as possible.
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- Oct/6/22 5:17:48 p.m.
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Madam Speaker, I think the hon. member has a hearing problem because our leader did not say that at all. In fact, he said the total opposite. He said that there were different ways to attack climate change.
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- Oct/6/22 6:42:56 p.m.
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Madam Speaker, Canadians know that climate change is real. Canadians also know that climate action is hard. In Canada and around the world, climate action is no longer a matter of political debate or personal conviction. It is an existential challenge. That means it is also an economic necessity.
Our climate plan is driven by our national price on pollution, the smartest and most effective incentive for climate action, and by a new Canada growth fund, which will help attract the billions of dollars in private capital that we need to transform our economy at speed and scale. Smart climate investments today are good for Canadian workers, good for the Canadian economy and good for the planet. With the largest mobilization of global capital since the industrial revolution already under way, Canada has a chance to become a leader in the clean energy of the future.
Climate change is the greatest long-term threat of our time. Taking action on climate change is the greatest opportunity for our economy, and we can create well-paying sustainable jobs across our country. Carbon capture, utilization and storage is about reducing emissions. CCUS also plays a critical role in Canada's economic and environmental future as we strive to meet our objective of net zero by 2050. However, I want to be clear that it is not the only tool to be used; it is one of the tools in our tool box.
In budget 2021, our government proposed an investment tax credit for CCUS projects with the goal of reducing emissions by at least 15 megatonnes of CO2 annually. Then, after consulting with the public, stakeholders and the provinces on the design of the investment tax credit for CCUS, budget 2022 proposed a refundable investment tax credit for businesses that incur eligible CCUS expenses, starting in 2022 to contribute to our goal of cutting greenhouse gas emissions by 40% to 45% below 2005 levels by 2030.
The new investment tax credit is intended to be available for a broad range of CCUS applications across different industrial subsectors, such as concrete, plastics and fuels. They include blue hydrogen projects and direct air capture projects. It is not intended that the tax credit be available for enhanced oil recovery projects.
A CCUS strategy for Canada will ensure Canada is well positioned to enable meaningful climate action, to ensure we create well-paying sustainable jobs for communities and people and to support a more circular economy.
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- Oct/6/22 6:46:35 p.m.
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Madam Speaker, our government is committed to making smart climate investments to reach net zero by 2050 and build a stronger, more vibrant economy for all. Canadians understand quite well that without a serious climate plan, Canada has no economic future. Our government will help Canada continue to lead in global efforts to fight climate change, to protect our nature and to build a clean economy that will create the well-playing and sustainable middle-class jobs of today and tomorrow.
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