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Decentralized Democracy

House Hansard - 127

44th Parl. 1st Sess.
November 15, 2022 10:00AM
  • Nov/15/22 11:24:43 a.m.
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  • Re: Bill C-32 
Madam Speaker, there were a few things in my colleague's speech that I would question him on. He talked about war profiteering in Canada, resources and the taxes that our natural resources industries paid. They have paid $30 billion more in taxes over the last six months than in the previous year. There has been a rise in commodities across the board. However, in Canada, let us acknowledge our price for oil and gas. For oil, it is $30 less than it is in the U.S., and at times this summer our natural gas price was actually negative. The member is right in some respects, when he says the free market is failing Canadians, but that is because there is no free market, as the government has held up all kinds of infrastructure, which is, no doubt, one of the things we should be focusing on. I do want to focus on one thing he talked about, which is the carbon tax. He said that Ottawa should not have control over this part of the economy, and that is something I completely agree with him on. Would he suggest that Alberta was the first province in Canada to have an industrial cost on carbon over 20 years ago? Is he suggesting that maybe this should be the way it is? Would the member side with the Conservative Party here in saying we should get the federal government out of its ridiculous carbon tax regime, which is not working?
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  • Nov/15/22 12:07:57 p.m.
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  • Re: Bill C-32 
Mr. Speaker, I listened to my colleague in the House and I sit in committee with the member as well. I often think he is reading off a page because so much of what he says is dissonant with reality. He is now talking about a Canada growth fund on top of the Canada Infrastructure Bank. The financial incentive systems, which are built throughout the government to foster investment in Canada, throw money at a wall on some of these technologies that are not going anywhere. The Liberals continue to risk taxpayers' money. In the time the government has been in power, hundreds of billions of dollars of foreign investment and Canadian investment has left the Canadian economy. The government is now trying to backfill it with more Canadian government money and it is putting a finger in the dike. The government has caused an investment climate that is destroying foreign investment and all investment in Canada. Can he get to the root of the problem, undo some of the destructive policies and not throw more government money at a wall?
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