44th Parl. 1st Sess.

September 18, 2023 11:00AM

Context: House Hansard - 219 - Sep/18/23

Sep/18/23 3:56:34 p.m.
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Madam Speaker, it is not surprising that on the natural resources committee the only party that actually supports the expansion and thriving future of the Canadian oil and gas sector along with the development of alternative energies and fuels of the future is the Conservative Party. We do dissent from the final report for a number of reasons. One is because neither the government nor its agencies nor any of the witnesses who participated could actually define the word “subsidy”, which is a point that the government has admitted in recent days. However, it became clear that the motion was an effort to lay the groundwork for the government to find yet another excuse to attack the oil and gas sector. Conservatives recognize that, despite the eight years of anti-energy and anti-private sector policies, laws and taxes in this country, the Canadian oil and gas sector remains the number one private sector investor and the top export for the Canadian economy, as well as being responsible for 75% of private sector investment in clean tech. Therefore, we Conservatives believe that instead of spending their time arguing over a term they cannot even define and failing to actually capture the fact that oil and gas companies are treated with benchmark-standard corporate tax treatment in this country, the Liberals would be better placed to actually fix the permitting and regulatory mess that they have created, and to attract private sector capital and ongoing development of oil and gas as well as all natural resources, as those private sector developers also build the alternative energy and fuels of the future. For those reasons and many others, the Conservatives dissent from this final report.

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House Hansard - 219