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House Hansard - 141

44th Parl. 1st Sess.
December 5, 2022 11:00AM
Context: House Hansard - 141 - Dec/5/22
Mr. Randeep Sarai (Surrey Centre, Lib.)
  • Dec/5/22 3:19:20 p.m.
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Mr. Speaker, I have the honour to present, in both official languages, the fifth report of the Standing Committee on Justice and Human Rights regarding the supplementary estimates (B), 2022-23. The committee has considered the estimates referred by the House and reports the same.
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Context: House Hansard - 141 - Dec/5/22
Mr. Terry Beech
  • Dec/5/22 6:59:29 p.m.
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Madam Speaker, to directly answer the question, 2023 is when we are committed to removing all inefficient fossil fuel subsidies. I would also encourage anyone listening to this to look at our entire emissions reduction plan. There has been over 100 billion dollars' worth of investments into initiatives leading to a cleaner future, including in budget 2022, which took a number of important steps to mobilize private investments, including launching the Canada growth fund. The Canada growth fund is going to attract substantial private sector investment in Canadian businesses and projects to help seize the opportunities that are provided by building a net-zero economy, which is exactly what we are doing. I invite all members to read Bill C-32 if they have not already done so. The legislation would provide up to $2 billion in initial capitalization for the Canada growth fund. Not only will this help Canada fight against climate change, but it will also grow our economy and create jobs for Canadians, which is what we are trying to do in everything that we do.
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