Senator Cardozo: Senator Gold, you talk about the transformative changes that are taking place in the economy with the environment and with climate change. At the same time, we have soaring inflation, and we have concerns about a recession.

Is this the time to make these investments, or can they not be put off for a few years, as some would argue?

Hon. Andrew Cardozo: My question is for the Government Representative, and it is regarding the budget tabled this week.

Observers are calling this a watershed budget, as it has provided significant support to green technology, taking the Canadian industry up to a new level, in part to keep up with the major incentives provided by the Inflation Reduction Act in the United States and other similar measures in Europe and other countries. There’s a great deal that Canadians can do to advance this industry for domestic purposes and build our international competitiveness in green technology.

Can you outline, Senator Gold, what the government is doing to build this Canadian industry, create jobs and fight climate change?

Senator Cardozo: This is more of a statement just to thank Senator Manning. This will be the first bill that I will be involved in from beginning to end. Like you, I look forward to hearing from the diversity of opinion on this bill, and I’m sure you and I share that view. We’ll look forward to those hearings.