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Decentralized Democracy

House Hansard - 73

44th Parl. 1st Sess.
May 17, 2022 10:00AM
Context: House Hansard - 73 - May/17/22
Mr. Peter Julian
  • May/17/22 12:51:27 p.m.
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Madam Speaker, let us talk about subsidies. Let us talk about TMX. The private sector was walking away from it, but the Liberals, with the support of the Conservatives, said that in 24 hours they would come up with $4.5 billion to buy the pipeline. It turns out, as the PBO said, that it was $1 billion more than it was even worth. Subsequent to that, we have seen tens of billions of dollars poured into TMX, and the Parliamentary Budget Officer again said this is simply not a project that will ever return on investment the money that has been poured in from the public sector. Now we have a loan guarantee of an additional $10 billion, so over $30 billion has been poured into TMX, which will never return that money to taxpayers. Why do the Conservatives not speak out against that abuse of public funds?
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Context: House Hansard - 73 - May/17/22
Mr. Charlie Angus (Timmins—James Bay, NDP)
  • May/17/22 1:31:13 p.m.
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Madam Speaker, I listened with great interest to my hon. colleague. I guess I question some of the assertions he is making, given the $20 billion his government has put into building the TMX pipeline because there was no case for it in the private sector. This is to export oil, which will not be counted as part of Canada's net-zero emissions. The Canadian Energy Regulator estimates that the amount of oil being taken out of the ground and exported in Canada in 2050 will be equivalent to what it was in 2019. I do not see how the Liberals can talk about an emissions cap when they are actually talking about an increase in production of $1.2 million barrels a day, from a sector whose oil sands are considered to have the highest carbon footprint on the planet. How does he justify TMX, exports and the fact that the Liberals are looking to have more than a million barrels a day coming out of the ground, right up to 2050?
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Context: House Hansard - 73 - May/17/22
Mr. Luc Thériault (Montcalm, BQ)
  • May/17/22 4:52:29 p.m.
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Mr. Speaker, I have been listening to the Liberals talk about the fight against global warming since 2015, but they bought a pipeline and are still subsidizing the fossil fuel industry. Oil companies are currently raking in billions of dollars in profit while consumers pay over $2 a litre at the pump. Is he not ashamed?
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