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Decentralized Democracy

House Hansard - 304

44th Parl. 1st Sess.
April 29, 2024 11:00AM
Context: House Hansard - 304 - Apr/29/24
Ms. Kristina Michaud
  • Apr/29/24 12:54:16 p.m.
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Mr. Speaker, I thank my colleague for the opportunity to speak on this. Normally, I like to deconstruct the budget from the standpoint of the fight against climate change. Now I am doing so based on my region. What I notice is that, indeed, there is not much in this budget for the fight against climate change. The government prefers to invest in nuclear energy and to continue offering subsidies to the oil and gas industry, which is raking in billions of dollars in profit every year. It is extremely disappointing to see what the budget has allotted for the fight against climate change.
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Context: House Hansard - 304 - Apr/29/24
Mr. Ryan Williams
  • Apr/29/24 4:13:10 p.m.
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Madam Speaker, there were a lot of questions there. When we look at trade agreements, the government just lost a trade agreement with the U.K. It could not get it signed. The EU agreement was signed because of the work done by the previous, Conservative government, which got that rolling. When we talk about foreign direct investment, of course there are records when the government has spent $50 billion of its own money to create subsidies for those companies to come in. However, when we look at growth rates for the OECD, Canada is dead last; right now, its economy is performing with five times less growth compared with the U.S. economy. That growth is buoyed by public spending, which is five times any other spending by the private sector. Government spending is driving inflation and high interest rates, but more, the higher cost of living. It is hurting Canadians, and we need to change that.
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