SoVote

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 7:39:55 p.m.
  • Watch
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.
102 words
All Topics
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 7:52:01 p.m.
  • Watch
Mr. Chair, our government absolutely understands the importance of climate action and investing in a green economy. That is what we have done. With the budget, we now have a $120‑billion plan to create a clean economy. Today, we are seeing that we have really started to attract investments. We are also seeing that emissions are coming down. Our plan is working.
64 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/29/23 7:56:49 p.m.
  • Watch
Mr. Chair, one of the things we have paid a lot of attention to in the budget, and in all of our budgets, is making investments that increase Canada's economic capacity, and we believe that investments that do that can actually be anti-inflationary.
45 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 8:04:34 p.m.
  • Watch
Mr. Chair, the IRA has also changed the playing field in the world for investments of this kind—
19 words
All Topics
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland (Deputy Prime Minister and Minister of Finance, Lib.)
  • May/29/23 8:55:53 p.m.
  • Watch
Mr. Chair, I thank my colleague for her very important question. She is obviously right. The fact that Canada's electricity is green is a major advantage in terms of investments. Today, we produce 83% of our electricity with renewable energy, but we need to produce more green electricity. We are talking about it with investors. It is a priority. That is why our budget really focused on this very important objective. As I said, investors agree that with the investments in this budget, Canada is truly the most attractive place for investments in the clean economy.
97 words
All Topics
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 9:00:24 p.m.
  • Watch
Mr. Chair, many of the investments in our budget increased Canada's economic capacity and increased the supply side. That is helping to keep inflation and jobs on track.
29 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 9:41:24 p.m.
  • Watch
Madam Chair, the government's investments are supporting those who are vulnerable, and they are driving a strong economic recovery.
20 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 9:44:10 p.m.
  • Watch
Madam Chair, our commitment in 2015 was to not repeat the mistakes of the Conservatives, and to make the necessary investments in Canada and Canadians. That is what we have done. That is why Canada has the strongest growth—
40 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 10:07:39 p.m.
  • Watch
Madam Chair, the credits will be used to make investments to create a clean economy and reduce existing greenhouse gas emissions—
22 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 201 - May/29/23
Hon. Chrystia Freeland
  • May/29/23 10:10:07 p.m.
  • Watch
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—
69 words
  • Hear!
  • Rabble!
  • star_border