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Decentralized Democracy

House Hansard - 312

44th Parl. 1st Sess.
May 9, 2024 10:00AM
Context: House Hansard - 312 - May/9/24
Ms. Lori Idlout (Nunavut, NDP)
  • May/9/24 6:29:21 p.m.
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Uqaqtittiji, it is good to see the Minister of Housing here. For the last two years, the Nunavut government has been asking for investments in housing. Understanding that the Government of Nunavut is not an indigenous government and is not eligible to apply to the urban, rural and northern housing initiative, can the minister update the House on what investments they will be providing directly to the Government of Nunavut so that they can help alleviate the housing crisis up north?
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Context: House Hansard - 312 - May/9/24
Hon. Sean Fraser
  • May/9/24 6:32:48 p.m.
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Madam Speaker, I want to draw attention to the efforts of my colleague, not only for his question today, but also for his extraordinary work when it comes to leveraging opportunities in the clean economy, particularly when it comes to social finance. We have decided to move forward with a unique approach, introducing investment tax credits to generate economic activity that will help provide climate solutions. We have already seen clean-tech opportunities coming to Canada as a result, including the recent announcement by Honda that it will make one of the largest private sector investments in Canada's history. I believe it is the largest in the auto sector. The opportunity to generate new economic opportunities, not only in auto manufacturing but also in carbon capture, utilization and storage and other clean tech, is extraordinary. I think about some of the opportunities for companies in my home province that are leading the way. CarbonCure Technologies is sequestering carbon and strengthening concrete to provide solutions. RJ MacIsaac has developed opportunities to generate clean steel by recycling scrap metal from ships at the end of their life. It recently received one of the highest certifications globally and became the second port in North America to be able to provide these services. Opportunities abound; we just have to seize the moment to take them.
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Context: House Hansard - 312 - May/9/24
Mr. Colin Carrie
  • May/9/24 10:35:56 p.m.
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Mr. Speaker, I am proud that our government invested in General Motors to create more jobs than these announcements will create. The sad part about it is this: If we look at the investments the Liberals are bragging about, the foreign direct investments, the numbers are true; however, the only way they could get these companies to invest in Canada was through huge subsidization. The worry that I have here, and why this budget is so bad, is that we need to become more competitive; our productivity needs to work. The member for Whitby needs to understand that, and this budget and these announcements are doing absolutely nothing to help our future competitiveness.
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