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Decentralized Democracy

House Hansard - 319

44th Parl. 1st Sess.
May 28, 2024 10:00AM
Context: House Hansard - 319 - May/28/24
Mr. Patrick Weiler (West Vancouver—Sunshine Coast—Sea to Sky Country, Lib.)
  • May/28/24 2:02:21 p.m.
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Madam Speaker, Canada launched the Pacific Economic Development Agency, PacifiCan, in 2021 to ensure that B.C. businesses got the support that they needed. It is one of seven regional economic development agencies that play a vital role to help local enterprises seize the opportunities to scale up production and develop new markets. Earlier this year, PacifiCan invested over $2.5 million in Squamish-based Quantum Technology to help the company increase its production of liquefied gases such as green hydrogen and helium. This B.C.-owned company will have the resources to invest, improve its manufacturing processes and grow its workforce to better serve the Canadian and global transport sectors to access green energies. Simply put, the investment is helping Quantum grow into foreign markets, rather than be acquired by a company from a growing foreign market. Investments like this are helping Canada to decarbonize and to seize the unmatched opportunity in the green economy. PacifiCan is ensuring that B.C. businesses will be at the forefront.
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Context: House Hansard - 319 - May/28/24
Mr. Kelly McCauley
Madam Speaker, my hon. friend is right. Investors are looking at Bill C-49 and they are looking at Bill C-69. They see provisions in the bill before us that would give the very anti-resource Minister of Environment and the anti-resource Minister of Natural Resources power to arbitrarily kill projects, even after investors have invested billions. Who would invest billions into the country on any project knowing that at any time the same government that says it wants to phase out oil and gas can step in and kill a project on a whim for political gain? This issue is no different, and we will continue to see a lack of investment in Canada while we have the current government in power.
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