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House Hansard - 154

44th Parl. 1st Sess.
February 6, 2023 11:00AM
  • Feb/6/23 2:23:44 p.m.
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Mr. Speaker, let us talk about the pandemic. The Parliamentary Budget Officer has confirmed that $200 billion of the additional $500 billion spent during the two years of the pandemic had nothing to do with the pandemic. Another expenditure was a $173-million investment in a company called Medicago. On Friday we learned that Japan's Mitsubishi Chemical Group was closing Medicago completely. The federal government put in $173 million without first checking whether the vaccines developed by this company could be used. Why is the Prime Minister spending Canadians' money recklessly, without checking things first?
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  • Feb/6/23 3:02:29 p.m.
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Mr. Speaker, for the past eight years, the Liberal government has been spending recklessly and blindly. The Liberal government gave $173 million to a pharmaceutical company that had Philip Morris as a shareholder. Since 2003, the World Health Organization, or WHO, has refused to recognize research funded by any tobacco companies. What is more, Canada has been a signatory to that declaration since 2003. Unfortunately, what happened could have easily been predicted. The WHO would not recognize the research. The minister said he was surprised. The company is now shutting down. Why did the government not do the most obvious thing, which would have been to tell Medicago to drop Philip Morris as a shareholder so that Canada could help it?
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  • Feb/6/23 3:03:14 p.m.
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Mr. Speaker, our government is disappointed to learn of Mitsubishi's decision. Recognizing the impacts that this decision will have on its employees, we continue to be in discussion and we want to work with the Government of Quebec to assess next steps. Medicago is still an important player in Canada's biomanufacturing and life sciences ecosystem. We expect collaboration from all parties involved to ensure Canadian interests are protected. We are going to continue to work hard to ensure employees are protected. Our vaccine procurement is incredibly important in this country.
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