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House Hansard - 331

44th Parl. 1st Sess.
June 13, 2024 10:00AM
  • Jun/13/24 10:05:27 a.m.
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moved for leave to introduce Bill C‑73, An Act respecting transparency and accountability in relation to certain commitments Canada has made under the Convention on Biological Diversity.
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  • Jun/13/24 11:02:16 a.m.
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Madam Speaker, I would like to share my time with the member for Surrey Centre. This morning, Environment and Climate Change Canada published data provided to the Parliamentary Budget Officer on carbon pollution pricing relative to the national and provincial gross domestic product for the years 2022-30. Pursuant to Standing Order 32(2), I am happy to table this data in the House, along with a Statistics Canada study called “Aperçu de l’incidence des tendances météorologiques extrêmes au Canada sur la rentabilité de l’assurance des propriétaires et les consommateurs”; as well as another report, by the Canadian Climate Institute, called “Damage Control: Reducing the costs of climate impacts for Canada”. While I am at it, since Canada introduced its first-ever nature accountability act this morning, only the second country in the world to do so, I would also like to table “Toward a 2030 Biodiversity Strategy for Canada: halting and reversing nature loss”.
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  • Jun/13/24 11:04:23 a.m.
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Madam Speaker, it is important to recognize that the data published today does not represent a comprehensive economic overview of the impacts of carbon pricing. Instead, it is background data related to a specific request from the PBO, which was then used to develop some of its analysis. The Government of Canada has a collaborative relationship with the Parliamentary Budget Officer. It always has collaborated and always will collaborate fully with the PBO's requests, including by providing the PBO with all specific documents and information that respond to its requests. It should be recognized that the Parliamentary Budget Officer plays an important role in our democratic institutions. He assists all parliamentarians, be it in their day-to-day work or in long-term research, in order to enhance the quality of parliamentary debate and to promote greater transparency and budgetary accountability. Unlike the Conservatives, who have a history of muzzling scientists, on this side of the House we value science. Environment and Climate Change Canada estimates that the fuel charge and industrial carbon pricing system together will account for almost 80 million tonnes, Mt, of greenhouse gas pollution reduction in 2030, compared to what would have happened without the carbon pricing. That represents about one-third of the currently projected total emission that will result from various actions being undertaken pursuant to the 2030 emissions reduction plan. If members take the time to look at the data that is being tabled today, that was requested for us by the PBO, they will see that according to the PBO we know that greenhouse gas emissions have already gone down by 25 million tonnes per year because of carbon pricing. A full economic assessment of carbon pricing cannot be done without considering the benefits of reducing pollution and the cost of not taking action, which is something, unfortunately, that the Conservative Party continues to ignore. Currently, climate change costs Canadian households an average of $720 a year and is set to rise to at least $2,000 a year by 2050. Canadians are already feeling the cost of climate change through losses to communities and livelihoods from wildfires, floods and hurricanes. To estimate the economic benefit of emissions reduction, the Government of Canada uses a value known as the social cost of carbon. It quantifies the damages at $294 per tonne of carbon dioxide emitted into the atmosphere in 2030. Canada's current social cost of carbon is the same value used by the United States government. Using that metric, the avoided cost for climate change in the year 2030 associated with the projected emissions reduction benefit of carbon pricing is about $23.1 billion per year. The social cost of carbon analysis is a core part of climate policy assessments used by many countries, as it reflects the reality of the growing impacts of climate change on current and future generations and is a standard methodology internationally recognized for estimating the benefits of reducing emissions. Abandoning carbon pricing without replacing it with other actions would forgo those benefits, and replacing it with more costly policy measures would significantly and unnecessarily increase the cost to Canadians, which is another thing that the Parliamentary Budget Officer has publicly recognized a number of times. In fact, a report from the Ecofiscal Commission concluded that carbon pricing would grow Canadians' incomes on average by $3,300 in 2030 relative to an alternative policy approach. The increased costs of climate change are well documented. For example, the Canadian Climate Institute document I referenced earlier tells us that by 2030, the annual costs of climate change impacts on Canada's GDP will be in the order of $35 billion. What is more, numerous studies have shown that the cost of inaction is far higher than the cost of implementing measures to combat climate change.
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  • Jun/13/24 11:09:57 a.m.
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Madam Speaker, I thank my hon. colleague for his question. I have two things I would like to say. First, we were asked to table the documents requested by the Parliamentary Budget Officer, and that is precisely what we did this morning. The data we are presenting to the House are those the Parliamentary Budget Officer had asked us for. Second, while I know why my colleague likes to cite this CCPI report, the next time he talks about it I would like him to let the entire House know the reasons why Canada's performance is not improving. He knows full well what these reasons are, or at least I hope he does, because he often talks about this. I also hope he has read the document. If Canada's performance is not improving, it is due to fossil fuel production. Consequently, we need to tackle greenhouse gas emissions, and that is how our performance will improve.
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  • Jun/13/24 11:11:46 a.m.
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Madam Speaker, my colleague probably already knows this, but Canada is the only G20 country to have eliminated government subsidies for fossil fuels. We did that last year. No other G20 country has done so. In addition, we did so two years ahead of the 2025 deadline. We even committed to doing more and eliminating indirect subsidies that are provided through Crown corporations like Export Development Canada, or EDC, and the Business Development Bank of Canada, or BDC. As for the second part of her question, she correctly read an excerpt of the letter from the deputy minister of Environment and Climate Change Canada, requesting that the Parliamentary Budget Officer simply be careful. We needed to make sure that we did not violate any privacy laws by providing this information. We checked, and the information is now public.
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  • Jun/13/24 11:13:31 a.m.
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Madam Speaker, I said it in French, but I will say it again in English and remind the member that Canada is the only G20 country to have eliminated fossil fuel subsidies last year. The numbers he is referring to precede 2023. That is the first thing. Second, we need to tackle climate change pollution coming from all of the sectors, including the oil and gas sector in Canada. That is why we have already put in place regulations to reduce methane emissions in the oil and gas sector by at least 45% by 2025, next year. We will ramp those up to at least 70% by 2030. That is also why we are putting in place a cap on oil and gas emissions.
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  • Jun/13/24 2:20:01 p.m.
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Mr. Speaker, as we here in the House already know, math is not the Conservative Party's strong suit, even less so for the Conservative Party leader. I know that he has a hard time counting higher than six, the number of affordable housing units he built when he was the housing minister. The data proves it. I have it here. Eight out 10 families are receiving more from carbon pricing than they are paying. In addition, the Parliamentary Budget Officer confirmed that greenhouse gas emissions have been reduced by 25 million tonnes as a result of the implementation of carbon pricing.
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  • Jun/13/24 2:21:20 p.m.
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Mr. Speaker, once again, he has proven just how ignorant the Conservative Party of Canada is when it comes to climate change, since federal carbon pricing does not apply in Quebec. Quebec has a system in place. The Leader of the Opposition simply has to turn around, look three rows behind him and a little to his left. Then he will have the opportunity to talk to someone who voted in favour of carbon pricing in Quebec. All he has to do is ask her for an explanation. If she cannot give him one, I would be happy to.
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  • Jun/13/24 2:22:42 p.m.
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Mr. Speaker, as my hon. colleague and friend, the Minister of Energy and Natural Resources, often says in the House, members of the Conservative Party of Canada are entitled to their opinions, not their own sets of facts. The facts are clear. Eight out of ten Canadian families get more money back from carbon pricing than it costs them. Not only that, but the data also shows that carbon pricing is already responsible for a reduction in the pollution level of 25 million tonnes. That is half of our emission reduction so far.
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  • Jun/13/24 2:23:57 p.m.
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Mr. Speaker, I think we have established in the House that math is not the forte of the Leader of the Opposition. He has a hard time counting past six, which is the number of homes built through social housing when he was the minister responsible for housing. However, the facts are clear: Eight out of ten Canadian families get more money back from carbon pricing than the pricing system costs. Not only that, but carbon pricing is responsible for half of our emission reduction. Because of carbon pricing, there is less pollution in the atmosphere in Canada by 25 million tonnes.
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  • Jun/13/24 2:33:18 p.m.
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Mr. Speaker, it is beyond me how the Conservative Party of Canada and those members who campaigned to put in place a price on pollution can look anyone in the eyes. How can they look anyone in the eyes and say, “We are doing nothing to protect you against forest fires, we are doing nothing to protect you against hurricanes, and we are doing nothing to protect you against flooding”? The Conservatives have no plan for the economy. They have no plan for climate change. They have no plan to work with communities to protect them from the devastating impacts of climate change.
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  • Jun/13/24 2:39:10 p.m.
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Mr. Speaker, on this side of the House, we will never hesitate to be there for Canadians, to defend their right to clean water, clean air and a clean environment, unlike the Conservative Party of Canada. The extent of the Conservative Party's ignorance on this issue is beyond the pale. All the member has to do is turn around. If he were to turn around and talk to the member sitting right behind him, she can explain to him that Quebec has its own carbon pricing system, which was in place long before the federal system. What is more, several Conservative members have voted in favour of provincial carbon pricing. This is completely ridiculous.
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  • Jun/13/24 3:12:36 p.m.
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Mr. Speaker, I thank my hon. colleague for his advocacy for environmental and climate change issues. I would like to remind him that just a few months ago, we signed an historic agreement with all of the B.C. first nations, the Government of B.C. and the federal government: $1 billion for nature protection to help the province achieve the goals we have in Canada to protect at least 30% of our lands and water. We will continue working with our partners, whether they be first nations or the Government of B.C., to ensure we can protect more species and more habitat.
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  • Jun/13/24 5:50:10 p.m.
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Madam Speaker, I thank my colleague for his speech and for his many very relevant answers to questions. I would like to ask him the following question. The claim is that this will cost the Canadian economy $25 million, but that does not take into account the annual benefits of investments made in the fight against climate change. That figure is $25 billion a year now. It also does not take into account the costs associated with climate change that will be avoided between now and 2030. That figure is $23 billion a year. Would that not add up to two, almost three times as much as the Conservatives claim?
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