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View Kamal Khera Profile
Lib. (ON)
View Kamal Khera Profile
2020-03-12 19:00 [p.2059]
Madam Speaker, it is a core responsibility of the federal government to help get Canada's natural resources to market and support good middle-class jobs. We know this is only possible when we earn the public's trust and work toward addressing environmental, indigenous peoples' and local concerns.
The Trans Mountain expansion project is part of that. It is a critical project for Canada that is creating thousands of good, well-paying jobs. It will boost the price of valuable Canadian resources by unlocking new global markets, generate revenue to help fund clean energy and climate solutions and help advance reconciliation with indigenous people, including through economic opportunities. That is why we have done the hard work necessary to ensure that this project moves forward in the right way, every step of the way.
Construction is under way. Pipe is in the ground. Work is under way at the terminals in Edmonton and Kamloops. More than 2,900 hard-working Canadians are currently making this project a reality. The Federal Court of Appeal ruling was a positive one, especially for our energy workers.
These are not the only reasons this project is a positive one. We have always said that the economy and the environment not only can, but must, go hand in hand. We remain committed to that principle with this project. We will invest the revenues from the TMX project in climate and clean energy solutions.
Let me address a few of the investments our government has already made in energy efficiency and clean and renewable energy projects: more than $2.3 billion in clean technology, over $1 billion of new funding committed for energy efficiency through budget 2019, a coast-to-coast network of fast chargers for electric vehicles and new chargers at street level and apartment building retail outlets and workplaces.
We know the TMX project will support more of these investments and create significant economic benefits for the country. In fact, the Department of Finance estimates that additional federal corporate income tax revenues could be around $500 million per year once the project is completed. Every dollar we earn from this project will be reinvested in clean energy projects that will power our homes, businesses and communities for years to come.
We did the hard work necessary to get this project right because it is good for Canada and will advance our investments in clean energy.
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