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Decentralized Democracy

House Hansard - 179

44th Parl. 1st Sess.
April 18, 2023 10:00AM
  • Apr/18/23 4:37:07 p.m.
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Madam Speaker, as we know, inflation is a global issue that everyone can acknowledge is a product of supply-chain disruptions left over from COVID-19 and the war that Russia has waged on Ukraine. There are many factors associated with global inflation, but what we have to acknowledge is that fighting climate change is a part of the solution to combatting inflationary pressures in our economy. That is exactly why our government is saying that we cannot really fight inflation without fighting climate change. 
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  • Apr/18/23 4:40:22 p.m.
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Madam Speaker, the question is a good one. Obviously, the intentions are to reduce emissions across our entire economy. Budget 2023 builds on many other measures that are bearing or starting to bear their fruits. What we are talking about is a massive transformation of the economy and that is going to take time. To realize the emission reductions it takes time. Obviously, the adoption of electric vehicles is going up. We are seeing major deals with the manufacturing of clean technology in Canada. There are many aspects of this transition; it is going to take time to realize those benefits, but I am sure that they are coming. I am sure the things that we are doing are grounded in principles that will bring about the outcomes that we are all looking for.
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