Hon. Clément Gignac: My question is for the Government Representative in the Senate.

Senator Gold, last week it was reported that Ottawa is lending, via the Crown corporation Canada Infrastructure Bank, close to $1 billion to Ontario Power Generation for the addition of a modular nuclear reactor for the Darlington nuclear site. Following that announcement, Ontario Power Generation has adopted a $300 million Green Bond Framework that includes financing for nuclear power to achieve net-zero carbon emissions by 2040.

Interestingly enough, or disturbingly enough, the federal government has specifically excluded nuclear power projects in its Green Bond Framework released last spring.

My question for Senator Gold is the following: Could you explain to me how come the federal government, on the one hand, supports the financing of nuclear technology in Canada via the Canada Infrastructure Bank but, on the other hand, refuses to include nuclear solutions in its very own green bond offering to achieve net-zero emissions by 2050?

Senator Gignac: Is it something that the government could reconsider? I think the regime has changed since the Russian invasion of Ukraine, and energy security is important. This is an approach that maybe could be reconsidered. I have information that the European Union is currently reconsidering that aspect because green bond issuance is important for capital markets.

Hon. Clément Gignac: Senator Yussuff, I want to congratulate you as a sponsor for your involvement. I think many of us — not to mention the majority of us — agree that we have to do something. Back in the 60s, the Royal Commission on Health Services, 1961 to 1964, did, in fact, mention that those services should be part of the national system.

Having said that, many provinces offer a different program. Interestingly enough, the Parliamentary Budget Officer has mentioned that at the cost of $700 million, Quebec residents will receive only 13% since Quebec has been pretty generous with the system they have in place.

In precise dollars, over the next five years, Quebec will receive $92 million, which is equivalent to Alberta but with a much bigger population. So my question is this: Since you probably have contact with the cabinet minister, do you think it will be a good idea to offer an opt-out clause for provinces under certain conditions in that the provinces will receive the money but have to respect some conditions? I think that would be much more efficient since dentists are provincially regulated and the provinces have contact with the dentists.

Senator Yussuff: Thank you for the question. As you know, the Quebec program only allows those under ten years of age to access dental care under certain conditions and is income tested.

In the next two years, the federal government and the provinces will be in some serious deliberations about what a national program should look like. I’m certain that at that time, as they have done throughout history, Quebec will negotiate a way to be compensated for a program that has some national standards.

Given this is an interim measure, I think it’s fair for families who have children under the age of 12 to know they will get this benefit, and it will help them get the care their children need. But in the long-term, as the federal government, provinces and territories negotiate, I hope we can have some national standards. Of course, if Quebec meets those standards, by all means they should be compensated.