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Results: 1 - 15 of 61
View Candice Bergen Profile
View Candice Bergen Profile
2019-06-17 14:18 [p.29178]
Mr. Speaker, when it comes to pipelines, four years have proven that no matter what side of the issue people are on, nobody can trust the Liberals.
We fully expect them to approve Trans Mountain later this week, just so they can say they did. Then we fully expect them to do absolutely nothing to get it built, because they do not want to upset voters in Burnaby.
Why will the Liberals not just admit that they do not want pipelines and that Trans Mountain will never actually get built under their watch?
View Candice Bergen Profile
View Candice Bergen Profile
2019-06-17 14:20 [p.29179]
Mr. Speaker, a year ago the Prime Minister promised that construction would start on TMX, and a year later not an ounce of dirt has been moved. The Prime Minister says one thing in one part of the country, and he says something completely different in another part, because, just like on everything else, he speaks out of both sides of his mouth.
The Prime Minister does not support pipelines and the jobs that come with them. Now he could try to prove us wrong, so will he tell us right now when construction on TMX will start in Burnaby?
View Candice Bergen Profile
View Candice Bergen Profile
2019-06-17 14:21 [p.29179]
Mr. Speaker, four major pipelines were built under the Conservatives' watch, with not one dollar of taxpayers' money used.
Over the last four years, though, the Prime Minister has done everything in his power to destroy jobs in Canada's energy sectors. He is forcing through devastating bills, like Bill C-48 and the no-more-pipelines bill, Bill C-69. Right now, he is playing political games with the TMX pipeline.
Will the Prime Minister finally be honest with our energy workers and admit he has no intention for construction to start in Burnaby?
View Robert Sopuck Profile
Madam Speaker, it is an honour to stand in the House to speak to this particular bill. Unfortunately, Bill C-88 is another anti-energy policy from the Liberal government, which is driving energy investment out of Canada, costing Canadian workers their jobs and increasing poverty rates in the north. Like Bill C-69 before it, Bill C-88 politicizes oil and gas extraction by expanding the powers of the cabinet to block economic development and adds to the increasing levels of red tape that proponents must face before they can get shovels in the ground.
Further, Bill C-88 reveals a full rejection of calls from elected territorial leaders for increased control of their natural resources. I am deeply concerned that with Bill C-88, the Liberals would entrench into law their ability to continue to arbitrarily and without consultation block oil and gas projects. As witnesses noted in the Standing Committee on Indigenous and Northern Affairs, again we see the Liberal government putting together very different pieces of legislation. Before taking office, they promised to table only legislation that stands alone, and they have run away from that promise altogether.
The former Conservative government viewed the north as a key driver of economic activity for decades to come. Other Arctic nations, including China and Russia, are exploring possibilities. The Liberals, meanwhile, are arbitrarily creating more barriers to economic development in Canada's north, with the Liberal government's top-down and ever-paternalistic action to do nothing to reduce poverty in remote and northern regions of Canada. Northerners face the unique challenges of living in the north with fortitude and resilience. They want jobs and economic opportunities for their families, and they deserve a government that has their back.
Bill C-88 is another one in the long list of failed Liberal environmental policies. There are Bill C-69, which will further throttle natural resource development; Bill C-68, the new fisheries act, which will add another layer of complications to all Canadian economic development; Bill C-48, the tanker ban; as well as Bill C-55, the marine protected areas law. Added together, it is a complete dog's breakfast of anti-development legislation.
The natural resource industries are extremely important in this country. Indeed, I am very honoured and proud to represent a natural resource constituency. What do the natural resources consist of in this country? They are energy, forestry, agriculture, mining, commercial fishing, hunting, fishing, trapping and so on. In my riding of Dauphin—Swan River—Neepawa, all of these activities take place in various regions, in all 66,000 square kilometres of my riding, and it sickens and angers me how the workers in the natural resource industries and the people in the communities are continually being attacked by the government, whether it is anti-firearms legislation, Bill C-69 or Bill C-68. All of these pieces of legislation collectively add up to a complete throttling of rural communities.
I listened with great humour to the parliamentary secretary's comments about the Mackenzie Valley. I cut my teeth as a young fisheries biologist doing environmental impact work in the Mackenzie Valley. I was there in 1971, 1972, 1975 and again in the 1980s. While I would certainly never claim to know as much about the Mackenzie Valley as does the hon. member for Northwest Territories, my experience as a biologist has been unique.
Back in the 1970s, when the first environmental impact assessment work was done in the Mackenzie Valley, I was part of teams of biologists who sampled every single waterway in the Mackenzie Valley where the pipeline would cross. We assessed fish and wildlife habitats up and down the valley, and I am one of the few people in this country, apart from the residents of the Mackenzie Valley itself, who have seen, experienced, photographed and measured essentially all of the environmental amenities and characteristics that the Mackenzie Valley has. In addition, I have also visited most communities. It was quite a while ago; nevertheless, I do not think a lot has changed.
The implication from the parliamentary secretary is that absolutely nothing has been done in the Mackenzie Valley, nothing at all. The work started in the 1970s, with the aforementioned environmental impact assessment that was done and that I was a part of. Those were the years of the Berger commission. The shameful Berger commission held hearing after hearing. That was a time when natural gas and energy prices were fairly high, so much so that Thomas Berger recommended that the project be shelved, which it was, after hundreds of millions of dollars were spent on exploration activities and with much community involvement. I was there. I saw it. I was part of it.
In the 1990s, it was done all over again. The same streams that we sampled in the 1970s were looked at, the same wildlife habitat, the same environmental characteristics were all measured and, again, the same conclusion was reached: no development.
The late 1990s were a time when natural gas prices were something like $15 per 1,000 cubic feet. It made the pipeline economical. Well, along came fracking, and the price of natural gas went down to $3 per 1,000 cubic feet, and in the mid-2000s, the pipeline project was shelved in perpetuity, leaving these communities consigned to poverty.
The Mackenzie Valley is a unique and wonderful place. The soils are rich and the trees are big. It is indeed an anomaly in the north. One does not have to go too far east of the Mackenzie Valley to hit the tundra. There have been experimental farms in the Mackenzie Valley. There was one at Fort Simpson when I was living there. Again, the agricultural and forestry potential is absolutely enormous.
The parliamentary secretary talks about the fragility of the Mackenzie Valley. I doubt he has seen it. All of the world's environments need to be treated with care. However, does he realize that there have been oil wells in Norman Wells since the Second World War? Does he realize that, in 1980, a pipeline was built from Norway House to Zama Lake, Alberta? All of these developments were done without any fanfare, and Norman Wells, producing some of the finest crude oil in the world, has been operating for decades now with little or no environmental impact. People who do not know what they are talking about and do not know about the environment are making laws that consign people in these communities to poverty in perpetuity, and that is absolutely shameful.
In terms of indigenous communities and resource development, one need only look at the Agnico Eagle gold mine at Baker Lake. I hate to break it to my friends opposite, who so object to resource development, but the employment rate in Baker Lake is 100%, thanks to that mining operation.
During the testimony for Bill C-69, I asked Pierre Gratton, the head of The Mining Association of Canada, about the social conditions in communities that operate in the diamond mining area. These are his words, not mine, but I am paraphrasing. He talked about the increase in education levels. Literacy went up; job training went up; and the social conditions improved.
The current government is consigning Canada's north and Canada's northern communities to poverty in perpetuity, and I hope it is happy about it, because I certainly am not. It is shameful what it is doing.
In my time as a biologist, I have seen the evolution of environmental policy, starting in the 1970s. I was not there, but I remember the first Earth Day in 1970, which Maurice Strong organized. Back in the mid-1980s, the Brundtland commission came out with “Our Common Future”, which talked about the concept of sustainable development. Gro Harlem Brundtland was very clear on the concept of sustainable development. She said clearly that sustainable development is not an environment concept; it is a development concept, and it is development in harmony with the environment. However, the current government has seen fit to break that particular compact with the people.
In the 2000s, of course, I also saw the rise of climate science and environmental policy. It is an evolution I have been very fortunate to witness, but what I see now, from the Liberals especially, is that they are phony environmentalists, most of them, apart from the member for Northwest Territories, whom I have an enormous amount of respect for. They talk a good game about the environment, but they do not know anything about it. They have never been there. They have never studied it. They do not measure it, and they have no concept of what goes on.
There are two paths in terms of environmental policy. One is with the Liberals and the NDP. For them, environmental policy is all about process, consultation and nothing else. Strategies without results are meaningless. On this side of the House, Conservative environmental policy is focused on real and measurable environmental results. It is no accident that former Conservative prime minister Brian Mulroney was named the greenest prime minister in Canadian history: the acid rain treaty, the Montreal Protocol, the green plan, the pulp and paper effluent regulations. My own previous prime minister, Stephen Harper, connected with that particular legacy.
The track record of Conservative governments is by far the best in terms of measurable results. Environmental assessments should be all about what effect a project would have on the environment, how we mitigate it and how we ensure the project moves ahead with all the attendant benefits that it will develop?
What is really interesting is that those on the Liberal left think modern society is the problem. Those of us on the Conservative side of the House say modern society is the answer.
A group of academics coined an index called the “environmental benefits index”. Basically, it is a graph comparing country income, per capita income in any given country, and environmental quality. It is very clear, if we look at measurable environmental indicators, such as water quality, air quality, amount of protected land, conservation agriculture, the fewest species at risk and on and on, that the wealthy countries have the best environments.
Which party delivers economic growth, economic development through trade, creating a business climate for economic growth? That is only the Conservatives. That is why, under Conservative governments, if one looks at the actual measurable environmental characteristics of Canada, for example, indeed all of the developed nations of the world, they are vastly superior to countries that are run under the stultifying control of excess governments.
We can look, for example, at the Sudbury miracle. What happened there? A few decades ago, a moonscape was around Sudbury. Investments were made in sulfur dioxide removal. Now the forests have all come back. There are still jobs there. The forest and the environment have come back. That is what happens when we have Conservative-style environmentalism. We actually get results.
Let us get back to the Mackenzie Valley. When we were doing our assessments in the Mackenzie Valley, we had aerial photographs. This was back in the days before GPS or any of that kind of stuff. We sat down with aerial photographs in our laps, big huge rolls. We were in the helicopter, following this black line through the Mackenzie Valley. The GEO chemist beside me would take notes, the hydrologist would take notes, and then the helicopters would land in various stream crossing areas, where we knew the pipeline would cross.
All of us scientific types, hopped out and did our various work, such such wildlife habitat and fisheries habitat assessments. I would set my little nets in the pools and see what was there. I have to confess something, I was actually paid to fish back in those days. It is something that a young biologist very much appreciated.
This was back in 1975, the care with which the pipeline was planned, the soil types were measured, the depth of the permafrost was looked at, all that kind of stuff. Even back then, in the dark ages of 1975, we knew darn well that that pipeline could be built and delivered in an environmentally sound way. Indeed, my friend, the natural resources critic would know how many kilometres of pipeline there are in the country, about 30,000 kilometres of pipeline, give or take. However, nobody knows where they are, because they are all cited according to our best environmental practices.
It always bugs me when I hear members opposite, or the NDP members, talk about cleaning up our economy, going green, clean tech and so on. I have a dirty little secret to share with them. All industries in Canada are already clean.
Let me give an example of that. Brian Mulroney, the Conservative PM in 1989, implemented the pulp and paper effluent regulations. They mandated the construction of a waste water treatment plant at every pulp and paper facility. What was once a toxic effluent now became an effluent that people could actually drink. Industry after industry across the country follows those exact same guidelines.
Before I became an MP, I had this pleasure through environmental assessment in the oil sands. I lived at the Denman camp, part of the Kearl project. It is a human tragedy what the Liberals are doing. I had a chance to mix, mingle and make friends with people all across the country of all ages, of all education levels, from tractor drivers to hydrogeochemists and everything in between. They were all fulfilling their dream, making a very good living, helping their families, paying their way through school, buying that first house. The Liberals are destroying that for the families of those good people who work in the oil sands. That is something I will never forgive. It is simply not true that our industries are not clean. They are the cleanest in the world.
Here we are importing oil from Saudi Arabia and Venezuela, leaving aside the social conditions in those countries. We know there are simply no environmental standards in those countries. The government and the NDP willingly import that kind of oil, yet block the exports of Canadian oil and gas whether it is from the Arctic or the west coast.
What is also interesting is that there are national security implications to this as well. I remember meeting with the ambassador from Slovakia. That country is dependent on Russian gas. It would only be too happy to buy energy from us. The implications of what the Liberals and NDP are doing to stop Canada's resource development goes far beyond our country. Indeed they go far beyond Alberta. Again, Canadians from all walks of life have worked in the oil sands.
Getting back to the bill for the Mackenzie Valley, it truly saddens me when I think about the communities of the Mackenzie Valley, which are ably represented by the member for Northwest Territories. It really saddens me to see what is perhaps going on there, apart from where there is no resource development. I mentioned Baker Lake and the diamond mines. Where there is resource development, communities are thriving. Wages are high. Environmental quality is very high because all these industrial activities, all these installations are built with the highest environmental standards in mind.
People say that this industry did this badly or this industry is not doing it right. Every industry in the country operates under the terms and conditions of an environmental licence. I should know. I managed an environmental licence for a paper company. We had to do the appropriate monitoring of our industrial activity. I had to submit reports. We were checked on a regular basis.
If any industry in the country does not operate in an environmentally sound way, it is not the industry's fault; it is the government's fault. Either the terms and conditions of the environmental licence are not right, but the company is following these terms, or the government is not enforcing the rules.
I, for one, will stand and proudly defend all the Canadian industry. What we do in our country is right and proper and is a model for the world.
Therefore, I move:
That the motion be amended by deleting all the words after the word “That” and substituting the following therefore:
Bill C-88, an act to amend the Mackenzie Valley Resource Management Act and the Canada Petroleum Resources Act and to make consequential amendments to other acts, be not now read a third time, but be referred back to the Standing Committee on Indigenous and Northern Affairs for the purpose of reconsidering clauses 85 and 86, with a view to removing the ability for the federal cabinet to prohibit oil and gas activities on frontier lands based on “national interest”.
View Ted Falk Profile
View Ted Falk Profile
2019-06-05 23:14 [p.28650]
Mr. Speaker, I can assure members that my presentation will not be as loud or as exuberant as the previous one. That may be a very welcome reprieve for the members and many others watching TV this evening. I also want to say that I am going to be splitting my time with the NDP member for Beloeil—Chambly. I am going to do that for them.
It is my pleasure to speak to the budget implementation act today. I can best describe this budget implementation act and the budget as a distraction from Liberal scandals and failures. I want to set the stage a bit before we talk more about that.
Back in 1975, when I began my work career, I was a 15-year-old boy. I got a job working at Steinbach Toyota, and my job was to wash cars. I worked for a gentleman by the name of Henry Kliewer. He taught me how to wash cars. He developed in me an appreciation for clean vehicles and he taught me all about detailing. He was a fussy guy and he was absolutely careful and particular about everything he did.
We were walking through his shop one day in the back of the dealership. We were coming up to the showroom part of the building when I noticed a penny on the ground. I was going to give it a bit of a kick with my foot. He saw what I was going to do and he picked it up and said, “This is one penny I am never going to have to work for.” He said, “I want to tell you something. I look after the nickels and the dimes, and the dollars look after themselves.” I have never forgotten that. That was in 1975 when I was making $1.95 an hour and he was concerned about nickels and dimes.
I can extrapolate that to today. What a privilege it is to stand in this House and talk about the finances of the country of Canada. It is an extreme privilege, and it is humbling, but today requires us to look at the millions of dollars because what we are talking about is the billions. If we are good stewards of the millions of dollars that we are entrusted with as members of Parliament, then the billions will probably look after themselves.
Let us talk about some of these millions of dollars that we have not been looking after very carefully.
The current Liberal government under this Prime Minister has given Canadian taxpayer dollars to the Clinton Foundation. It has given money to Hamas. It has gotten India to invest $250 million here in Canada, but only after we have turned around and invested $750 million in India. If we do the math, that does not quite add up.
We have had a crisis with illegal migrants at our southern border with the United States. That crisis cost us roughly $200 million in 2017 and $400 million in 2018. In 2019, it was another $600 million. It has cost us $1.1 billion already because we have mismanaged our borders and allowed illegal migrants to come into this country, and we have been footing the bill. In addition to that, municipalities and provinces have also had to pick up additional expenses. That number is again projected to grow to another almost $2 billion this coming year.
Let us then look at the Trans Mountain expansion pipeline. Kinder Morgan owned the Trans Mountain pipeline. It had it on the books for $600 million. It invested another $1.2 billion on working toward constructing a second pipeline, known as the Trans Mountain expansion. The current government turned around and bought the existing pipeline plus the investment that had been made in the proposed pipeline for $4.5 billion, using Canadian taxpayer dollars.
Kinder Morgan had $1.8 billion invested in that project. The Liberal government turned around and gave it $4.5 billion for its $1.8 billion. Kinder Morgan had to realize a capital gain of $2.7 billion. That was Canadian taxpayer dollars that left this country, left our resource sector here in Canada and were sent down to wealthy Texas investors in Kinder Morgan, which owned the Trans Mountain pipeline.
We have not been managing our millions of dollars very well. We have given $2.7 billion of Canadian taxpayer money to American investors. In addition to that, Canada could have received a further investment from Kinder Morgan of close to $10 billion in the actual construction of the Trans Mountain expansion. That money will also now have to come from Canadian taxpayers.
We have not been managing our millions of dollars very well under the Liberal government and under the current Prime Minister. It has been a failure, and Canadian taxpayers are going to be the ones left on the hook.
We have paid convicted terrorists $10.5 million. We have paid millions of dollars to Bombardier in Quebec. We have bought rusted-out CF-18s from Australia to bolster up our defence forces and our defence fleet of aircraft. That is money we will not recover.
Now we are looking at a budget implementation act that would implement the budget that the government has presented to the House, which is not balanced. The Liberals are projecting a $20-billion shortfall again.
I worked in the credit union system for 30 years. For 17 of those years, I was the president and chairman of Manitoba's largest credit union. One thing I know is that when times are good, money is set aside because rainy days are coming.
We were promised sunny days. The sunny days are gone. I think they left on the first day after the election. We have some rainy days on the horizon. The time to invest money and to set money aside was when the sun was shining. I saw that over and over again in my experience and involvement in the credit union system. People who wisely put money aside when times were good were the people who were successful with their finances at the end of the day.
Members of the Liberal caucus stand up in this place and tout the good results they are having from a financial perspective in the Canadian economy. They tell us about all the jobs they have created and how the economy is booming. It is actually not booming as much as they say it is. They tell us it is booming, and yet they have not been salting away money and reducing our debt to build up our inventory of cash so that we can weather the storms that may someday come.
The time to do that is when times are good, and the Liberals would like Canadians to believe that times are good. If times are good, why do we still have a deficit budget? We need to have a balanced budget. The Prime Minister promised in 2015 that by 2019 we would have a balanced budget. We do not have a balanced budget.
The budget that has been presented this year was supposed to be an election-type budget, with lots of good news. There is $41 billion of new spending in this budget over the next five years. It was meant to be a bit of a hit budget, a budget that people could get excited about. With all the scandals and failures of the current government, it hardly got any airplay when it was announced. The $41 billion of additional spending in the next five years is not enough to distract the Canadian taxpayer from the failures and scandals of the current government.
View Larry Maguire Profile
View Larry Maguire Profile
2019-02-22 11:58 [p.25687]
Madam Speaker, last weekend hundreds of workers gathered on the Prairies in support of new construction for new pipelines. They are fed up with Liberal excuses. They gathered because they do not want to hear any more Liberal excuses, they do not want the procrastination to continue, and they cannot afford the Prime Minister's mistakes.
If the Liberals will not listen to us about killing their anti-pipeline bill, Bill C-69, will they at least listen to the tens of thousands of energy workers who want this bill killed and stopped immediately?
View Ted Falk Profile
View Ted Falk Profile
2018-11-26 18:16 [p.23948]
Madam Speaker, it is a pleasure to rise in the House today to speak to Bill C-86, the budget implementation act no. 2.
The Liberal government is attempting to ram a budget through the House that paints a rosy picture of our national finances. It insists on spending massive amounts of money and promising to increase taxes through its new tax on everything, the carbon tax. In fact, the leader of the official opposition hit the nail on the head when he said of this Liberal government, “Never has a government spent so much and achieved so little.” It is true.
Despite the promises of the Minister of Finance and the Prime Minister, all is not well in Canada, certainly not for the people of Oshawa. For over 100 years, Oshawa and General Motors have had a partnership. Now the Oshawa plant is going to be shut down. This is a tremendous blow to the people of Oshawa and Canadian manufacturing in general.
Before going any further, let me express my concern for the people of Oshawa. I cannot imagine what far too many Canadians in Oshawa are experiencing today. My sincere condolences go out to all of those who are going to be negatively affected and will lose their jobs. This is terrible news, and it comes just before Christmas.
The GM plant is important not only to families in Oshawa but to families across Ontario and Canada. The Oshawa plant is closing, and the Liberals have nothing to show for it. Their high taxes and lack of regulatory clarity are forcing businesses all over the country to stop investing or to just plain leave Canada. They have no way of backstopping anything except through more debt. It is important to run a surplus during good economic times so that when the bad times come, there is money to be spent, and as they say, money to be invested. Running deficits during good times means there will be less when the bad times come.
For the people in Oshawa, times are hard. The only way the Liberal government can help them is through more debt. This is debt that Oshawans and all Canadians will have to pay through increased taxes down the road. All Canadians will have to pay through increased taxes down the road, as will the folks in Oshawa, but if there are no jobs, there will be no extra money to pay extra taxes. This is precisely the situation the Liberal government is creating in Canada.
The U.S. administration has cut taxes for businesses, and this has caused many businesses to choose to relocate to the United States. The finance minister and the Liberal government declined to match any of those tax cuts. Consequently, many businesses are choosing to invest in the United States as opposed to Canada. The tax cuts and the corresponding lack of action by the Liberal government may have played a role in the closing of the Oshawa plant by General Motors.
Manufacturing across Canada is concerned, particularly about the issue of tariffs on aluminum and steel. Despite significant concessions to the U.S. in the recent NAFTA negotiations, now called the USMCA, the Liberal government was not able to get the Trump administration to lift the tariffs on steel and aluminum. This is costing manufacturers and industry dearly.
In my riding, my constituent Marilyn N. is a small business owner. She imports aluminum-based products from the United States, and because of the tariffs and the retaliatory tariffs we have put on, she has indicated to me that if these tariffs are not lifted, she may be forced to lay off workers, as her costs are not sustainable in the long term.
Many business owners across Canada can relate to her story, but Liberal failures are not limited to manufacturing. The Prime Minister and his Liberal government have failed with our natural resources as well. Their failures have resulted in the loss of thousands of jobs and over $100 billion of investment in our energy sector.
Energy east, Pacific Northwest LNG, northern gateway, Aurora LNG, and Grassy Point LNG are all examples of the government's inability to deliver on developing and getting to market our natural resources. The Trans Mountain crisis has made things even worse. The taxpayer is on the hook for $4.5 billion for a pipeline that may never be built. Under the previous Conservative government, four pipelines were built. This included the Enbridge Alberta Clipper, the Trans Canada Keystone, the Kinder Morgan Anchor Loop, and the Enbridge Line 9B reversal.
As soon as the Liberals took office, the Prime Minister and his government started their reckless spending and arbitrary regulatory changes. This caused business investment to plummet and confidence in Canada to decline. Even the Montreal Economic Institute said, “People are giving up on Canada as a safe place to invest in natural resources...It’s seen as a very hostile environment now.”
It is quite clear that the Liberal government has failed in encouraging foreign investment in Canada. Our country has so much to offer and the Liberal government is throwing away potential investment opportunities because of its failures. In fact, though the economy has grown, very little has been the government's doing. Growth was driven by oil and gas markets, a strong housing market and consumer spending. Consumers were able to spend because interest rates were low. The Liberal government has had very little to do with any of that. It has not helped and in many cases it has hindered growth areas in our country.
When it comes to oil, the Liberal government, under the current Prime Minister, has been an absolute failure. When he formed government in 2015, he did so with three large pipelines ready to be delivered. Two of those pipelines abandoned Canada due to the regulatory environment created by the Liberal government. The third was bought by Canadian citizens, through no choice of their own, for $4.5 billion for a pipeline that was worth just over a billion dollars and a potential of building and constructing a new pipeline for another $3.5 billion. That was basically goodwill, and now that goodwill does not look like it is going to be worth very much.
The Prime Minister has failed to realize that oil and gas is not an unfortunate part of Canada; it is a vital component of Canada and our economy. It is important to the people of Alberta and all Canadians who depend upon government services, which are possible because of oil royalties.
When the Prime Minister said that he wanted to phase out the oil sands, I think he meant it. The cost to Canadians has yet to be fully accounted for, but already it is hurting our country. His reckless commitment to dismantling the oil and gas sector, an essential of Canada's economy, will undoubtedly lower our growth potential.
In addition, his inability to build a pipeline to tidewater means that our oil is largely captive to the American market, where it is bought for considerably less than it would be worth on the world market. Less money in the provincial and federal coffers means that without spending cuts, the governments must either raise taxes or borrow more money.
If governments borrow more money, interest rates will go up. Higher interest rates will affect consumer confidence. Less consumer confidence means less willingness to undertake large expenses. Housing will suddenly be less sought after as Canadians are forced to pay more interest. They will borrow less money. Suddenly, the three main drivers of growth in Canada, oil and gas, housing and consumer spending, are no longer the powerful drivers that they once were.
Due to high levels of government debt and historically low interest rates, the federal government will have very few tools left to deal with any upcoming crisis. This is not a healthy place for a government to be in. Nor is it good place for our country. The next crisis to befall Canada is going to be dangerous.
The Liberal government loves to talk about the debt-to-GDP ratio. That sounds good. However, it is only one tool and if we consider the implications, it is not reassuring at all. In fact, it could be bad and very bad for Canada. This way of accounting is only positive if the economy grows. It is based on economic growth. If the government continues to spend money, but the economy starts to slow, then we are in a bad situation and that debt-to GDP ratio quickly gets skewed.
Debt consists of principal, which is the amount borrowed, and interest, which is the amount paid to service the debt. If interest rates go up, we are paying more for the money that we have borrowed. Debt is a reasonable option if it allows for long-term gain. However, the Liberal government has borrowed money with reckless abandon and very little of it has gone to any kinds of projects with long-term sustainable benefit to Canadians.
Spending on infrastructure has not materialized. Of the $180 billion that the government committed to infrastructure spending, only 6% or just under $10 billion of that has actually been spent and invested in Canada. That would be a real investment, spending money on infrastructure, but the government has not allowed it to happen.
View Robert Sopuck Profile
Madam Speaker, I was on the fisheries committee back in 2012 when the changes were made. I helped author them. I was also on the fisheries committee when the Liberal government tore apart extremely good legislation. I have also had the honour of being in the environment field for over 35 years and did pipeline assessments. My colleague is exactly right about how carefully pipelines are made these days.
Just as an aside, I would recommend my colleague get on the fisheries committee, she is so competent in this field.
I was also on the environment committee recently when we looked at Bill C-69, and the horror stories from industry are legendary. Chris Bloomer from the Canadian Energy Pipeline Association said that Canada had a toxic regulatory environment. He talked about pancaking regulation on top of regulation. It is an environmental lawyer's dream. The lawyers are the ones who will to get rich.
Could my colleague talk about the effect of this and other acts on Canada's investment climate?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-26 14:20 [p.18802]
Mr. Speaker, yesterday we saw the hypocrisy and deception of the Prime Minister in full view when he stood and defended the government's funding of students to protest the Trans Mountain pipeline. The Liberals are completely two-faced. They do not support Canada's oil and gas sector.
Just how many organizations are receiving taxpayers' dollars to protest or lobby against the Trans Mountain pipeline or any other Canadian energy sector project?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-26 14:21 [p.18802]
Mr. Speaker, my question is for the Minister of Natural Resources.
It should come as no surprise that protesting and trying to shut down our energy sector, which is what we are talking about, Minister, fall completely in line with Liberal values.
Liberal members such as the ones for Vancouver Quadra and Burnaby North—Seymour speak for much of their Liberal caucus when they oppose Trans Mountain, and the Prime Minister himself keeps saying how sorry he is that he cannot shut down our energy sector fast enough.
The Liberals are moving farther and farther to the left. Why do they not just admit that they want to shut down the entire Canadian energy sector?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-26 14:23 [p.18802]
Mr. Speaker, the Prime Minister and the Liberals have managed to kill energy east and northern gateway, and now they are paying students to protest Kinder Morgan.
My question is for the natural resources minister. Does he agree that students should be paid on the public dime to protest Canadian natural resources and projects that go along with them? If he is opposed to it, will he stand up to the Prime Minister and say that the funding of paid protestors is wrong?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-17 14:30 [p.18431]
Mr. Speaker, the Prime Minister has failed the energy sector, and it is not just with respect to Trans Mountain. The climate that he has created in Canada has become so toxic for investment that investment and jobs are leaving in droves. The energy sector is speaking with its wallet. In fact, we have not seen such a decline in energy investment in over 70 years.
Here is my question for the Minister of Natural Resources. Does he even know how many billions of dollars have left the country over the last two years under his watch?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-17 14:31 [p.18431]
Mr. Speaker, there is no answer from the minister.
Let me tell him that $80 billion have left in the last two years under the failed policies of the minister and the Prime Minister. Those numbers do not lie. Things like the carbon tax, extra red tape for investors, and erroneous failed policies are why investors are saying they are leaving Canada.
How many more billions of dollars have to leave the country before the Liberals reverse their terrible anti-energy policy?
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-16 14:38 [p.18312]
Mr. Speaker, nine weeks ago, when talking about Trans Mountain pipeline and our motion supporting it, the natural resources minister said “There is simply no need for a motion today that attempts to manufacture a crisis where one does not exist....”
Well, there is a crisis. If that minister spent half the time recognizing the crisis going on in the energy sector as he does compiling the list of interviews that he clearly spent a whole bunch of time doing, he would know that this is a crisis not only on pipelines but jobs. It is the Liberals' abdication of responsibility to the energy sector that has caused this. When—
View Candice Bergen Profile
View Candice Bergen Profile
2018-04-16 14:39 [p.18312]
Mr. Speaker, we have been warning the Liberal government that its policies are hurting Canada's energy sector, killing competitiveness and jobs. Its carbon tax, its tanker ban, and its disastrous approval process has killed projects like Petronas LNG, northern gateway, energy east. Now we see Trans Mountain dying a slow death. Investment and jobs are leaving Canada as we speak.
When will the Liberals get their heads out of the sand and realize their policies are disastrous for Canada's energy sector?
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