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Decentralized Democracy

House Hansard - 204

44th Parl. 1st Sess.
June 1, 2023 10:00AM
  • Jun/1/23 2:23:44 p.m.
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Mr. Speaker, again, I would like to reiterate that this was an independent business decision made by Equinor; it was not a cancellation. The decision was largely due to market forces. Let us also talk about the fact that, right now, we have introduced legislation to diversify Newfoundland and Labrador's economy. We have introduced Bill C-49, and it provides huge opportunities for offshore projects, resource projects. That is what we are doing; we are making sure we are diversifying and supporting the economy right across our country.
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  • Jun/1/23 2:25:00 p.m.
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Mr. Speaker, we are getting good projects done. I would like to highlight that, just earlier this year, we approved two mines. James Bay lithium and Marathon palladium were both approved under the government. More than that, if we are looking at LNG projects, let us look at Cedar LNG. It is a first nation-owned business, and it is something that has been pointed out by that first nation as being economic reconciliation in progress. We are supporting good energy projects in our country.
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  • Jun/1/23 3:11:38 p.m.
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Mr. Speaker, again, I want to reiterate that this was an independent business decision that was based largely on market forces. Let us talk about the fact that Newfoundland and Labrador's opportunities go well beyond one project and that is where we are with them, to support them. In fact, we have, just this past week, tabled a bill with the accord acts, to make sure they are able to take advantage of offshore opportunities, including with wind and hydrogen. In fact, the member opposite would know that when the German chancellor came to Newfoundland and Labrador, what he asked for was hydrogen and we signed an accord for that.
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