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House Hansard - 227

44th Parl. 1st Sess.
September 29, 2023 10:00AM
Context: House Hansard - 227 - Sep/29/23
Mr. Daniel Blaikie
  • Sep/29/23 1:25:33 p.m.
  • Watch
  • Re: Bill C-50 
Madam Speaker, certainty is very important. That is certainly something we hear around the Standing Committee on Finance table. I have heard it around the Standing Committee on International Trade table as well. Investors are looking for a predictable public policy environment. When we get governments that suddenly pull the rug out from under clean energy investments, what they do is make it harder to attract private capital. It is frustrating in the case where we then have a party that turns around and says that the government cannot fund this transition all on its own and that we need private capital too. Why would it undermine the prerequisites for attracting private capital? Certainty is important in another sense, because we need certainty for workers in this transition as well. That is why employment insurance reform is really important, and it is something we need to do with a mind to the energy transition, pension-bridging opportunities and training for workers. All these things have to be built into a plan. Again, this bill is not perfect, but it is the beginning of creating some certainty not only for international investors but also for workers about this transition, which is coming led by the market if not led by the government.
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