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View Sean Fraser Profile
Lib. (NS)
View Sean Fraser Profile
2020-02-27 16:26
Okay. In any event, we have a motion on the floor that I expect there will be a vote for. I'd encourage my Bloc and NDP colleagues to vote in support of the idea of studying sustainable finance. If they choose not to, that will be their choice.
I think it's an important issue for some of the reasons that have been flagged. I won't beat a dead horse on this issue. For the sake of making sure the committee has an understanding of some of the other options that are proceeding, which might inform how we vote on the various motions that might be brought forward today, there were three others that our caucus had been considering. One was on open banking; one was a flood insurance program, on which we heard significant testimony from, in particular, the Insurance Bureau of Canada; and an additional one was the CRA informant program, which I think would be of serious benefit to the entire Parliament.
Perhaps I'll leave it there, but I'll flag your suggestion. I think it accords with the suggestion made by my colleague Mr. Ste-Marie, around revisiting the language. To Mr. Poilievre's point regarding sustainable finance, I think there's at least as much ambiguity in the phrase “corporate welfare” as there is in “sustainable finance”. If we're talking about direct federal investments in Canadian business, then I think that would be a more appropriate way to describe such a study.
We may end up revisiting the motion, which is not yet on the floor from Mr. Poilievre.
In any event, we remain in the debate of the motion regarding a study on sustainable finance. I hope that my colleagues will consider supporting this motion.
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