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Decentralized Democracy

House Hansard - 270

44th Parl. 1st Sess.
January 29, 2024 11:00AM
Context: House Hansard - 270 - Jan/29/24
Mr. Kevin Lamoureux (Parliamentary Secretary to the Leader of the Government in the House of Commons, Lib.)
  • Jan/29/24 1:04:11 p.m.
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  • Re: Bill C-59 
Madam Speaker, I think of foreign investment, government policy on legislation and budgetary measures. Working with Canadians, on a per-capita basis, when we talk about gross number of dollars being invested in Canada, Canada is actually number one in the world with respect to foreign investment. Much of that investment goes toward renewable energy. Canada is now a leader when it comes to electric batteries. The value of communities are increasing greatly because of the mega-plants going into them, Volkswagen being one of them. Does the member recognize, whether through things like trade agreements and government policies, that we have seen an enhancement in investment that will ultimately contribute to the world because of many of the green projects that are taking place in Canada today?
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Context: House Hansard - 270 - Jan/29/24
Ms. Kristina Michaud
  • Jan/29/24 1:05:21 p.m.
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  • Re: Bill C-59 
Madam Speaker, of course, when the government wants to invest just over $30 billion in clean technologies, names like that make a good impression. The government gets to feel like it is clearly investing in the environment. However, knowing that most of this money is going to the most polluting sectors of our economy, I wonder whether there is a way to ensure that this money is invested solely in renewable energy, not in the most polluting sectors. I do not know whether the strategy can be rewritten, but surely there is a way. At this time, I cannot congratulate the federal government for investing in green energy when I see that it is investing most of its money in carbon storage, utilization and capture. As I was saying, this technology is still unproven. It is very expensive and yields very few results. Most companies have not yet begun to implement these technologies, and yet our greenhouse gas reduction targets are just around the corner. How are we going to reduce our greenhouse gas emissions, even if we invest all this money? I do not know.
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