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Decentralized Democracy

House Hansard - 109

44th Parl. 1st Sess.
October 6, 2022 10:00AM
Madam Speaker, I must say that the Bloc Québécois is very much in favour of Bill C‑294. One of the reasons we support it is that it also addresses the problem of planned obsolescence, which means that devices must constantly be updated and upgraded. We can finally break the “buy-use-toss” cycle, where scientists are asked to put all their efforts into innovating products designed to become obsolete quickly, so people have to get a new refrigerator every seven years and a new cellphone every two years, and so on. Apparently there is a light bulb in a fire station somewhere that still works after more than 100 years. This is a sign that there is a way to make things that last. Quebec has passed legislation that takes aim at and directly prohibits the system of planned obsolescence, although the act is not yet fully in force. We welcome the fact that Bill C‑294 does not interfere with it. Could my colleague comment on the need to explicitly tackle the “buy-use-toss” cycle that is actually preventing sustainable growth?
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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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