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Decentralized Democracy

House Hansard - 312

44th Parl. 1st Sess.
May 9, 2024 10:00AM
  • May/9/24 6:43:35 p.m.
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  • Re: Bill C-59 
Madam Speaker, I have a question for the minister. Bill C‑59 provides for more than $30 billion for the oil industry. For example, there is the $12.5-billion credit for carbon capture, utilization and storage. I would like to quote what his former colleague, Catherine McKenna, said about it and then have him share his comments with us. It should never have happened, but clearly the oil and gas lobbyists pushed for that....We are giving special access to companies that are making historic profits, that are not investing those profits into the transition and clean solutions. They are returning those profits to their shareholders, who for the most part are not Canadian, and then they ask to be subsidized for the pollution they cause, while Canadians have to pay more for oil and gas for heating. What does the hon. minister think?
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