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Decentralized Democracy

House Hansard - 302

44th Parl. 1st Sess.
April 18, 2024 10:00AM
Context: House Hansard - 302 - Apr/18/24
Mr. Francis Scarpaleggia (Lac-Saint-Louis, Lib.)
  • Apr/18/24 1:22:54 p.m.
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Madam Speaker, the facts seem to contradict what the hon. member is saying. Canada is one of the top countries for attracting direct foreign investment. In fact, it is the top country per capita in attracting direct foreign investment. However, I will admit that there are pressures on capital in Canada to go to the United States specifically in green industries, and that pressure was caused by a $400-billion Inflation Reduction Act in the U.S. Does the hon. member think that we need to spend much more on green technology in this country to counterbalance that attraction that is coming from the United States?
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Context: House Hansard - 302 - Apr/18/24
Mr. Pierre Paul-Hus
  • Apr/18/24 1:44:05 p.m.
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Madam Speaker, I love to see my colleague get carried away and shouting, but I will not let it get to me. Canada is clearly the laughing stock of the world on a number of fronts right now. More specifically, investors are extremely reluctant to come to the country, given the government's tax policies. Many companies have no interest in setting up shop here. The Minister of Innovation, Science and Industry, whom I like very much, is working hard but, unfortunately, he is having trouble convincing industries because they can see that this government's policies are far too socialist.
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