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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
  • Oct/17/23 11:42:37 a.m.
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Mr. Speaker, I will give a more general answer because I do not have all the information on that subject. There are circumstances where it can be worth it to subsidize certain activities, like the clean energy transition and cases where there is unfair competition, for instance. Some subsidies that have been in place for a long time and have never been revised end up being a complete waste. The basic principle that I stated earlier probably applies to the matter mentioned by the member. State resources are not unlimited. They come from taxpayers, from the janitor working the night shift and other hard-working people. These resources should not be redistributed to the people who need them the least. Most large publicly traded companies are among those who do not need them.
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  • Oct/17/23 2:44:40 p.m.
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Mr. Speaker, this summer, the CEO of the Suncor oil company told his shareholders that he was fed up with the fight against climate change. Poor thing. According to him, Suncor has been too focused on the energy transition and needs to get back to selling oil, which means producing more oil and more pollution. However, the federal government renewed $83 billion in subsidies in the last two budgets, particularly with the intention of helping oil companies reduce their pollution. Suncor admits that it cannot be bothered to pollute less, but that it still wants taxpayers' money. Greed is part of its DNA. When will the federal government cut public funding to Suncor?
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