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Decentralized Democracy

House Hansard - 273

44th Parl. 1st Sess.
February 1, 2024 10:00AM
  • Feb/1/24 11:21:24 a.m.
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Mr. Speaker, it is funny that we are talking about the carbon tax today, because just this morning, the Parliamentary Budget Officer released the costing of the tax credit for carbon capture, utilization and storage. How much will this measure cost over the next five years? It will cost approximately $5.5 billion. I would like to know if my colleague agrees with me that it would be a far better idea to invest this money in true green energy than to try to convince us that oil can be environmentally friendly.
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  • Feb/1/24 1:05:17 p.m.
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Madam Speaker, it is very clear that we do not just have a price on pollution. As we can clearly see, we are investing in green technologies across the country. In Quebec, B.C. and across the country, we are helping to build new industries. We are giving them start-up funds, we are moving them forward and they are growing extremely well. That is one of the things we are doing. At the same time, some of that money has to go to paying the costs. I just read the amounts out from the Senate report. The costs of fires and floods, the damage to farmers and livestock and the damage to families have to be reimbursed somehow. There is a cost of not having a carbon tax. There is a cost of climate change.
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  • Feb/1/24 1:48:53 p.m.
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Madam Speaker, I find it interesting that the Conservatives have started sharing their election platform this week. I have a very specific question for my colleague. Good intentions are all well and good, but what is the cost of doing away with the carbon tax? How much less money will be in the government coffers?
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  • Feb/1/24 2:32:33 p.m.
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Mr. Speaker, families in my community do raise the cost of food as a very real concern. That is why we put forward measures like the grocery rebate. That is why we are introducing new reforms that will increase competition. If the Conservatives would like to help, there is something the opposition leader can do. He can pick up the phone. As I am sure he knows, his chief adviser, Jenni Byrne, is actually a registered lobbyist for Loblaws in Ontario. Before the Conservatives sling arrows at this side of the House, I would invite the opposition leader to do what we all know is one of his favourite things: take a look in the mirror.
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  • Feb/1/24 4:12:26 p.m.
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Madam Speaker, we often hear our colleagues talking about getting more money back, but they took it away first. However, they have not talked about the hundreds of millions of dollars it is costing for this program. That is huge. Maybe my colleague would like to respond in regard to the huge cost of this tax program.
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