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Richard Cannings

Member of Parliament
Member of Parliament
NDP

South Okanagan—West Kootenay
British Columbia
Voting Attendance: 61%
Expenses Last Quarter: $128,729.57

Government Page

Dec/8/22 7:46:13 p.m.
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Mr. Speaker, the minister, in his reply to my question in question period, did admit that there are still 4 billion dollars' worth of subsidies going to the oil and gas sector. The government is just lacking in boldness and ambition on climate adaptation when we need it most. It is like the tepid responses to climate mitigation and the lack of success in bringing down our carbon emissions. The almost $500-million top-up to DMAF is not enough. We need to make bold investments to minimize the impacts of the climate crisis. The NDP believes that we must provide at least $2 billion in additional funds to the disaster mitigation and adaption fund every year. That is still well below the $5 billion we are losing every year in ensured damages. We need to make investments in adaptation, not just reactive funding to the disasters that are devastating communities across the country, leaving Canadians without homes and without livelihoods. We need to make these investments now. We need to make sure we are supporting Canadians and Canadian communities as they face an uncertain future.

186 words

Context: House Hansard - 73 - May/17/22

Mr. Richard Cannings (South Okanagan—West Kootenay, NDP)

May/17/22 1:53:43 p.m.
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Madam Speaker, I am happy to rise today to speak to the NDP motion before us. The NDP has always focused entirely on helping Canadian families. The most important issues for Canadians right now are the affordability crisis, the impossibility of the housing market, the rising cost of groceries, the soaring price of gas and the more existential crisis of climate change that asks what kind of planet we are going to leave our children and our grandchildren. The NDP motion today asks the government to stop subsidizing highly profitable oil and gas companies once and for all. We are talking billions of dollars every year. Instead, it should invest those funds in relief for the millions of Canadians who are struggling right now with the high cost of everything, as well as renewable energy and other initiatives to deal with the climate crisis. I would like to start by talking about fossil fuel subsidies. Canada and its G20 partners promised 13 years ago to phase out inefficient fossil fuel subsidies by 2025. Four years ago, I was at a G20 meeting in Argentina where that promise was reaffirmed and a peer review of the subsidies was initiated. That review is now years behind schedule. Finance officials recently admitted that they will not even finish the self-review portion of that until the summer of 2023, which is five years later. Most of the other countries finished their peer review within 18 months. A couple of years ago, the environment commissioner could not even do a proper audit of our commitment to end subsidies, because the government admitted it did not yet have a clear definition of what an inefficient fossil fuel subsidy was. Only last year, the Liberals forked out over $8.6 billion in subsidies and public financing to the multinational oil and gas companies. Over $5 billion of that was provided by Export Development Canada. Canada gives more tax dollars to oil and gas companies than any other G20 country, handing out 14 times more taxpayer dollars to that sector than it did to renewable energy companies between 2018 and 2020. Canada paid $4.5 billion for the Trans Mountain pipeline when the private company building it said it was no longer a viable project. We are now facing a $21-billion cost for the expansion of that pipeline. It is an expansion that assumes and depends on an increasing demand for oil, when everyone realizes we must drastically cut our oil consumption worldwide. We will never recoup the cost of Trans Mountain, so if there ever was an inefficient subsidy, I would say that buying a pipeline that a private company did not want and then spending $20 billion to expand it to provide capacity for expanded oil production that the world will not need and cannot withstand is—

474 words

Context: House Hansard - 38 - Mar/1/22

Mr. Richard Cannings (South Okanagan—West Kootenay, NDP)

Mar/1/22 2:46:48 p.m.
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Mr. Speaker, the IPCC report released yesterday has a stark warning: Either we take action now on mitigation and adaptation for climate change, or we risk suffering even more severe consequences from extreme weather events, wildfires and floods. However, the government continues to give the fossil fuel industry billions of dollars in subsidies. Instead of bankrolling the multinational oil and gas companies, could the Liberals not fund the infrastructure our communities need to help prevent catastrophe?

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Member of Parliament

Richard Cannings