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House Hansard - 114

44th Parl. 1st Sess.
October 20, 2022 10:00AM
Context: House Hansard - 114 - Oct/20/22
Mr. Kody Blois
  • Oct/20/22 11:00:55 a.m.
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Madam Speaker, the member opposite knows I have respect for him, but the reality is he asked a question about corporate contribution to broader policy objectives and then also CEO pay. If the member opposite thinks we should increase taxation on high-income Canadians, I am happy to have that conversation in a debate in this chamber. As it relates to oil and gas companies themselves, we are trying to incentivize them to make important investments to reduce the carbon intensity associated with their products, such that the Canadian oil and gas sector will have a future in 2050 for the smaller market that is going to exist globally. It is important for Canada's competitiveness in this space to be able to reduce our emissions intensity. We are trying to incentivize the oil and gas companies to make that investment, similar to the $25 billion that was done just this past week.
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