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Decentralized Democracy

House Hansard - 201

44th Parl. 1st Sess.
May 29, 2023 11:00AM
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:24:47 p.m.
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Madam Chair, what I can say, and what we should all be very proud of, is that after the budget was tabled in March, TD Economics and Rystad Energy said that Canada leads the world in attracting investment.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:39:55 p.m.
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Mr. Chair, our government understands that there is a window of opportunity right now to be the country where the clean economy of the 21st century is built. That window is open today, but it will not be open forever. That is why, in our budget, we announced really significant investments in the clean economy. Our total clean economy investment is about $120 billion. As I said earlier, TD Economics now ranks Canada head to head with the U.S. as the world's most attractive clean economy investment destination. That is really important today and it is really important for tomorrow.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:57:22 p.m.
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Mr. Chair, I would like to start by talking about early learning and child care, if I may, because for me that is the poster child of an investment that actually adds to Canada's economic capacity—
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 8:03:53 p.m.
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Mr. Chair, obviously the federal and provincial governments had agreements with Stellantis. It is also the case that the IRA has changed the playing field for the whole world. However, the member opposite is right in that the fact that this investment predates the IRA is an important factor.
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 8:05:45 p.m.
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Mr. Chair, certainly. Now when it comes to Stellantis, I think it is important for us to all be serious about this. This is an important investment—
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Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 10:10:07 p.m.
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Madam Chair, it is unfortunate but I do not agree with what my hon. colleague said. I believe that it really is a technology that has a lot of possibilities, not just for Canada, but also for the United States and other countries. The reality is that Canada has created an investment credit. It will be up to the private sector to make the additional investments. The sector—
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