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Decentralized Democracy

House Hansard - 318

44th Parl. 1st Sess.
May 27, 2024 11:00AM
Madam Speaker, what Bill C-49 would do, which the member articulated very well, is bring the no capital bill, Bill C-69, into offshore energy in Nova Scotia and Newfoundland. To give an example, every summer, as the member for Avalon would know, the Newfoundland and Labrador Offshore Petroleum Board puts out a call for exploratory licences, and every summer it gets applications. This past summer, four weeks after this bill was tabled in the House, how many applications did Newfoundland get? It got zero, because of the provisions in this bill already on the IAA, which is driving capital into the Gulf of Mexico, where all of those capital investments went. I would like the member to tell us a bit about the experience he has had with how the IAA elements, the environmental review elements, of Bill C-69, which are now in this bill, have shut down jobs in his part of the world.
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