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House Hansard - 128

44th Parl. 1st Sess.
November 16, 2022 02:00PM
Context: House Hansard - 128 - Nov/16/22
Ms. Kristina Michaud (Avignon—La Mitis—Matane—Matapédia, BQ)
  • Nov/16/22 3:00:44 p.m.
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Mr. Speaker, with COP27 in full swing, the big winners have been revealed. Unfortunately, I am talking about the winners of the bidding process for oil exploration licences in Newfoundland's offshore. The winners are ExxonMobil, BP, Equinor and the Qatar state-owned company, QPI. Incentivized by the federal government's decision to eliminate environmental assessments, they have promised to invest no less than $238 million to find oil. If they are willing to invest $238 million, needless to say, they expect to find oil. How many more Bay du Nord projects does Ottawa plan to authorize?
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