Bill C-235

Building a Green Prairie Economy Act

An Act respecting the building of a green economy in the Prairies

This enactment requires the minister responsible for economic development in the Prairie provinces, in collaboration with the Minister of the Environment, the Minister of Transport, the Minister of Industry, the Minister of Agriculture and Agri-Food, the Minister of Finance and the Minister of Natural Resources, to develop a framework for local cooperation and engagement in the implementation of federal programs across various sectors to build a green economy in the Prairie provinces.

The House resumed from March 4, 2022, consideration of the motion that Bill C-235, An Act respecting the building of a green economy in the Prairies, be read the second time and referred to a committee.

Building a Green Prairie Economy Act

[Sébastien Lemire, Bloc, Abitibi—Témiscamingue, QC]

Madam Speaker, I am pleased to rise today to speak to Bill C-235.

This is an interesting bill. The bill presented by my colleague from Winnipeg South Centre basically tells his government to better organize its actions in the prairie provinces. I salute his courage. He knows that his government does not have an action plan to effectively combat the effects of climate change. He also knows that financial investments must be redirected. He is therefore calling on the ministers of his government, starting with the Minister of Innovation, Science and Industry, the Minister of Environment and Climate Change, the Minister of Transport, the Minister of Finance, the Minister of Natural Resources and any minister responsible for the economic development of any of the prairie provinces. The message is clear. In other words, the member is telling the government to get its act together.

Many reports have been written over the past 20 years. Many governments have come and gone, and action has yet to be taken. I understand the frustration of my colleagues in the House. The Bloc Québécois has said so, and we have voted on this issue many times. We must be rigorous and act intelligently when it comes to the environment.

Not a day goes by without there being an article about climate change, and even climate catastrophe. Climate change amplifies the natural risks we already face, like floods, storms, heatwaves, droughts, and so on. This causes increasingly frequent and more extreme disasters.

For some 30 years now, here, in the House, members of the Bloc Québécois have been informing their colleagues of the consequences of the decisions that governments put off until later. In that vein, I applaud my former colleague from Rosemont—La Petite-Patrie, who was ahead of his time on these issues. The important thing is that we need to be ready to deal with the current and future impacts of climate change. This seemed necessary to us, and it still does. We are right in the middle of a global realization that is leading to changes in consumer preferences, innovation, economic activity, competitive advantages and wealth creation, among other things.

The member's bill represents a solution for communities that feel the need to change course immediately. Consumers are increasingly demanding goods and services with a small environmental footprint. Climate-smart innovations are only marginal solutions. They are becoming a huge opportunity for the global market and creating quality jobs. With these changes, sound environmental stewardship is becoming increasingly associated with market access and becoming a key source of sustainable competitive advantages.

We cannot stall any longer. There is no doubt that we need to propose real action to fight climate change. Obviously, serious measures need to be considered, and they are especially crucial in the provinces referred to in this bill, particularly because they are amongst the biggest emitters of greenhouse gases. It would be hard to oppose a bill that establishes a framework to compel the western provinces to get in line and calls on the government to report to Parliament and to be accountable. I simply must point out my usual concern that provincial jurisdictions must be respected.

I believe this bill is an opportunity to shed light on the money that the oil industry is currently receiving and to keep track of the projects. The sponsor of this bill knows that an economy based on oil and gas development is not sustainable in the long term, that these provinces are facing decline unless they diversify their economies and begin a greener energy shift. The sooner they start, the less painful it will be. There is no doubt that Quebec has made tremendous efforts. Its industry is in the process of making an industrial shift towards electrification and the development of a green industry.

It is important to remember that huge sums of money have been invested in the oil companies. In fact, the western provinces benefit greatly from the federal government's investments. Is our colleague from Winnipeg South Centre illustrating that the money is not being used to help the western provinces make a real green shift? As the old saying goes, you have to follow the money. It is so obvious that this money is not going to communities and businesses that want to make the necessary energy transition and change their habits.

There are many measures that are part of the solutions for growing a green economy. The western provinces have a much longer way to go because they are determined to hold on to an economy from bygone industrial days. I agree with my colleague, the member for Winnipeg South Centre, on the fact that the different governments, whether federal, provincial or territorial, must play an important role.

I was talking about investments in the electrification of transportation. In Quebec and even Ontario to some extent, the federal government could invest in trade corridors and approve a number of signature projects that focus on a green economy, by providing a supply of green fuel or even supporting projects that promote electricity produced in Quebec.

The various ports on the Great Lakes and along the St. Lawrence River represent an unavoidable link in the supply chains of several industries, so this is certainly a strategic investment that provides a distinct advantage for businesses in every industry whose products, both inputs and end products, come through these places. I commend the leadership of the Port of Montreal on that.

The government will have to finance the development of the electrification of heavy vehicles and contribute to converting fleets of trucks and equipment, such as vehicles used for moving containers to their destination. The electrification of modes of transportation for Canada Post could be a good example, as could the installation of electric charging stations everywhere, in every village in Quebec.

When the federal government does that, then every business and SME will benefit from the economic spinoffs from these strategic investments.

Automation plays a part in making this industrial shift more effective, but also in countering the labour shortage that is affecting many industries.

I want to point out the importance of corporate social labelling.

In an era when consumers are increasingly critical and aware of the efforts that businesses should be making to use safer methods and protect the environment, it is not surprising that businesses are focusing more and more on all the links in the supply chain. That is why it is important to keep investing in businesses that strive to be better citizens for our planet. Businesses that cultivate their social label will have a distinct advantage in this green economy.

With regard to green financing, can Quebec grow as a result of its financial services moving to invest in greener businesses, those working to reduce their carbon emissions? Most definitely. My colleague from Mirabel spoke about this when we studied this bill, and he could talk about it for hours because he has studied the impact on Quebec.

Let us consider what Canada's banks are currently doing. For years, they have had a big stake in oil. Canada's big five banks have invested $694 billion in fossil fuels, $477 billion in loans and $217 billion in warrants.

We now know that 88% of the total went to oil and gas companies. The rest, $85 billion, went to coal. We need to start redirecting the financial sector's investments to greener, more sustainable and more promising sectors.

If we redirect a portion of the public's savings or the financial sector's investments towards renewable energies, low- or zero-emission sectors, change-resistant infrastructure to reduce climate risk, and emerging technologies rather than hydrocarbons that are doomed for demise, hundreds of billions of dollars will be made available and can be used to boost the action plan set out in Bill C‑235.

I also want to talk about local investments and economic diversification in rural areas.

I would like to give an example of some proactive work done by my office to enable an entire region to better coordinate its bio-food production. Abitibi—Témiscamingue is a region of Quebec that is further north and far from any major centres, so I understand when another MP wants to better equip his communities that are far from a major urban centre.

Global warming inspires all kinds of ideas about possibilities for better land use. Our region in particular has all kinds of potential for the coming years thanks to critical minerals in the ground and the fact that it is potentially the second-largest organic agriculture land mass.

The member talked about developing a plan that requires coordination and getting people involved so the economy serves them, and of course getting everyone on the same page from the get-go is hardly a waste of time. Doing so saves the proponent from constantly going back to the drawing board because the initial proposal lacks social acceptability. That is one of the promising aspects of this bill.

We have to consider the predominant role businesses play in our communities and do more to help resource processing startups. That will make regions like my colleague's and my own, Abitibi—Témiscamingue, more attractive. A territorial innovation fund operated by and for regions working toward the same goal makes a lot of sense.

In closing, the government made lots of promises, but it is not keeping them. Our hope is that grassroots provincial initiatives will get the support they need from our communities.

The Bloc Québécois has long called for an end to fossil fuel subsidies, and welcomes any measures aimed at reorienting investments toward businesses that are switching to green energy. While we are at it, why not sell Trans Mountain and invest the money into developing the Prairies—

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

The hon. member for Victoria.

[Laurel Collins, NDP, Victoria, BC]

Madam Speaker, first I want to thank the member for Winnipeg South Centre for choosing to table a bill focusing on building a low-carbon economy. This bill would require the Minister of Industry to consult about, prepare a plan for, and report on a strategy to create a green economy on the prairies. While this bill is a welcome step in the right direction, ultimately we need bolder, more concrete action if we are to truly meet the urgency and scale of the climate crisis.

My New Democrat colleagues and I support efforts to better coordinate climate action, but we expect the government to move ahead on more concrete initiatives and far sooner than the timeline proposed in this bill. The climate emergency is here now, and Canadians need their government to take real action to reduce emissions and support workers in the transition. From coast to coast to coast, we have seen the impacts of the climate crisis: devastating floods, wildfires and record-breaking heat waves. Canadians cannot afford any more delays.

I think of the work of Seth Klein, who reminds us that we need to move at a speed and scale not seen since the Second World War. The Climate Emergency Unit reminds us that we mobilized then and we can mobilize now, sound the alarm, jump-start the needed transition and transform our economy to tackle the greatest existential crisis of our time.

For every sector of society, every level of government and every one of us, this is about protecting our communities. It is about protecting our future. It is about protecting everything we hold dear. This is our opportunity to meet the biggest challenge of our time, and it is now or never.

While young people, the UN Secretary-General, our own environment commissioner and the world's top scientists are calling on us as elected officials to take real action, the unfortunate truth is that the Liberal government continues to fail to answer this call. In the words of Seth Klein, “The uncomfortable conclusion is this: Canada’s approach to climate is a hot mess of incoherence and contradictions, and it is fundamentally at odds with what the IPCC demands of us.”

However, I do welcome Bill C-235 and any initiative that works to secure a green and prosperous future. I especially welcome the parts of the bill that push for identifying innovative public transport solutions for small cities and communities; the parts that push for fostering job creation and retraining for a zero-emission green economy in regions that rely on traditional energy industries; the parts that push for developing natural infrastructure projects and using new sources of clean energy; the parts that push for integrating clean energy into agriculture, forestry, manufacturing, transportation and tourism; the parts that push for establishing programs and projects that stimulate a green economy; and last but perhaps most important, the parts that push for infrastructure projects that facilitate tackling the climate crisis.

While I welcome this bill, it is important to note that the member who tabled it, as a Liberal MP and especially as a former minister in Trudeau's cabinet, is accountable and responsible for the situation—

[An hon. member]

The member referred to the Prime Minister by name.

[Laurel Collins, NDP, Victoria, BC]

My apologies.

As a former minister in the Prime Minister's cabinet, he is responsible for the situation that we find ourselves in and for the Liberal government's inaction. There is a continued pattern of saying the right thing but doing the opposite, of talking about climate leadership while handing out billions to big oil and gas, of declaring a climate emergency while buying and building a pipeline, of promising to reduce emissions while approving Bay du Nord, of saying that they believe in climate change while ignoring the science.

What we need is a green new deal, a just transition for workers. What we need are massive investments in green infrastructure, in retrofits, in supports for workers, and we need a real plan with good family-sustaining jobs for the communities that are most impacted. While communities are paying the price for the government's inaction, the biggest polluters, the biggest oil and gas companies, continue to make record profits while collecting billions in fossil fuel subsidies. We need to stop giving our public money to the corporations that are fuelling the climate crisis. We need to redirect those funds into climate solutions now—not sometime down the road, not in a few years, but now. It is not about the environment versus the economy, not a trade-off between jobs and climate solutions. Climate solutions are job creators.

Unfortunately, when the Liberal government talks about balancing the economy and the environment, what it means is increasing oil and gas production while making promises about meeting the targets that it keeps missing. The climate crisis is here now. We are already seeing the impacts. We need to drastically reduce our emissions and we need action that aligns with limiting global warming to 1.5°C if we have any hope of avoiding the most catastrophic outcome.

Instead, the government continues to leave Canadians with an uncertain future and continues to fail workers, particularly those in the oil and gas sector. A green economy should mean good, sustainable jobs, not more boom-and-bust economies. It should be creating employment in the sectors that tackle the climate crisis, in the sectors that tackle the biodiversity crisis. It means cleaning up our environment and reducing our emissions, and doing it in a way that supports workers.

We need a well-managed and inclusive transition to a zero-carbon economy, and that transition must be in line with the needs of the communities most impacted. An inclusive transition means ensuring that first nations, Inuit and Métis people are not only at the table but supported in leading the conversation. We need a transition that addresses the needs of women, of racialized communities, of young people, of newcomers.

To quote Blue-Green Canada, “We must find solutions so our economy is just, green, inclusive and fair.” Denial is no longer possible. Delay is no longer an option. Canadians want ambitious action on the climate emergency. A climate-safe and more just future is possible; we just need a government with the political will to make it happen.

[Terry Duguid, Liberal, Parliamentary Secretary to the Minister of Environment and Climate Change]

Madam Speaker, I want to thank my hon. friend and colleague, the member for Winnipeg South Centre, for his passionate work to bring forward this proposed legislation.

As a member from the prairies, I am proud to stand in full support of Bill C-235. In a time of significant change, a strong prairies region is critical for a strong nation and our postpandemic economy. The bill is about recognizing our innovations and ensuring that we make smart investments that are good for prairies communities, good for the Canadian economy and good for the planet.

It is about building on the prairies' economic strengths and increasing sustainability in sectors such as energy, agriculture, forestry, transportation, manufacturing, technology and tourism. It is about seizing the opportunity to maintain our leadership as a source of food and energy for the world through wise stewardship of our natural resources and sustainable development for the future. It is about long-term infrastructure projects that anticipate and adapt to the effects of climate change. It is about protecting and developing our natural resources and building a clean economy that will provide the good-paying, middle-class jobs of today and of tomorrow.

Bill C-235 represents a new way of doing business as a nation, and we are already heading in the right direction. Since 2015, our government has invested more than $100 billion to help fight climate change and protect the environment. We are helping companies and communities on the prairies capitalize on opportunities in the transition to clean technologies and a low-carbon economy.

For example, in Calgary last January, my friend and colleague, the minister responsible for PrairiesCan, announced more than $3 million to support innovation in Alberta's clean-tech sector. That includes a new energy transition centre in downtown Calgary, a world-leading centre of expertise that pairs industry and the University of Calgary to help small and medium-sized businesses develop new technologies to meet the growing global demand for environmentally friendly energy projects and processes, clean-tech benefits from our existing energy expertise, a talented workforce and emerging capabilities in the energy transition.

As we shift gears into the future, carbon capture, utilization and storage, or CCUS, will play an essential role in a prosperous net-zero economy. In this year's budget, we propose an investment tax credit for CCUS to secure Canada's place as a leader in CCUS and support the Canadian innovators and engineers advancing this technology.

Decarbonizing our economy is a long-term piece of work, and hydrogen fuels are poised to play a key role. The expanding global hydrogen market is estimated to be worth $2.5 trillion within the next three decades. Investing in it during these early days is why our government developed the hydrogen strategy for Canada.

Alberta is a natural for this. It has the natural gas reserves to feed it. It has the right people and talent grown in our energy sector to participate in it. Edmonton is positioned to be at the epicentre of the new hydrogen economy. For example, our government is supporting C-Fer Technologies to upgrade its testing facility. Our investment means that more businesses can develop and refine their products and technologies to ensure they are suitable for use with hydrogen and capitalize on future growth. This is just one example of the ongoing transition and how the prairies can be a world leader in the net-zero economy.

Indigenous communities on the prairies have long understood the need for sustainability. For example, the Birdtail Sioux Dakota Nation is a joint venture partner in the Birtle transmission project to flow up to 250 megawatts of Manitoba hydro power, clean power, to the SaskPower grid.

Two years ago, Fisher River Cree Nation launched Manitoba's largest solar generation project, built entirely by indigenous employees with financial support in the way of $1 million from our government. Now other indigenous communities are reaching out to Fisher River for advice on starting their own solar farms and cutting their reliance on diesel generators in the north.

Building a green prairies economy is also about using our know-how to build sustainable things that people need, and I am proud to say that this government has supported the electrification of Manitoba's heavy vehicle manufacturing industry. As an example, in the great city of Winnipeg, where I am from, the not-for-profit Vehicle Technology Centre is working with local companies to design and build zero-emission urban and intercity buses, fire trucks, recreational vehicles and agricultural and mining equipment.

In conclusion, the bill before us would develop a framework for local co-operation and engagement in the implementation of federal programs across various sectors to build a sustainable green economy for the prairie provinces. I know that my hon. friend is proud of the work that he and other colleagues played to bring PrairiesCan into being to work with others to meet the unique needs of more prairie communities, and I thank them for that.

On the prairies, we know the value of collaboration. It is how our ancestors made it through bitter winters and turned survival into success. A common thread running through my meetings with indigenous, business and community leaders is the hope of greater co-operation as we address the challenges ahead of us. We make progress when municipal governments, indigenous governments, communities and provinces, local community organizations, learning institutions and private sector companies large and small work together. Together, and recognizing that this is not an easy thing, we can stimulate a green prairie economy. This bill will create a new, collaborative plan for the prairies, a game plan to meet the challenges we face and achieve our ambitions.

Finally, I am proud that this bill is an opportunity to stand up for prairie workers and communities as we continue to build a green economy that works for everyone.

[Dan Mazier, Conservative, Dauphin—Swan River—Neepawa, MB]

Mr. Speaker, I rise this evening to speak to Bill C-235, an act respecting the building of a green economy in the prairies. I am always eager to speak to any legislation that will impact the prairies, so I want to thank my hon. colleague from Manitoba for his interest in our province and in the Canadian prairies.

The fact that this bill was introduced as a private member’s bill and not as a government bill shows the lack of priority the government continues to display toward the Canadian prairies. I sincerely hope that more members, such as my colleague from Winnipeg South Centre, call on the government to support the Canadians who proudly call the prairies their home.

Bill C-235 is an attempt to increase local collaboration and build a green economy in the prairie provinces. I applaud the intent of the legislation. However, I cannot help but notice the lack of focus on agriculture.

I have always said that Canadian agriculture should be part of the solution and not treated as part of the problem. When it comes to the environment, Canadian farmers are world leaders in environmental leadership, and their record proves it. They are some of the most sustainable stewards of the natural landscape across our country, and their efforts to preserve and conserve the environment should not go unrecognized. Any plan to build a green economy must include Canadian agriculture, especially in the prairie provinces.

This is why I find clause 5 of Bill C-235 so disturbing. Clause 5 states that the Minister of Industry must “prepare a report on the progress and effectiveness of the framework, setting out the Minister’s conclusions and recommendations” on this green economy.

The legislation states that the minister must collaborate with “the Minister of the Environment, the Minister of Transport, the Minister of Finance, the Minister of Natural Resources and any minister responsible for economic development in the Prairie provinces”. However, it abruptly stops short of including the Minister of Agriculture.

How can a plan for the Canadian prairies not have the minister responsible for agriculture at the table? Agriculture is an economic pillar for the Canadian prairies. Any plan to grow a green economy must include agriculture. If this bill makes it to committee, I urge members of this House to amend it so that Canadian agriculture is included. The Minister of Industry should be mandated to consult with the Minister of Agriculture on any plan to green the economy, especially in the Canadian prairies. I believe that including this would dramatically improve the bill.

Additionally, the absence of agriculture is shown in subclause 3(2) of Bill C-235, which is focused on consultation. Subclause 3(2) would require the minister to consult with the provincial government representatives responsible for transportation, environment, and employment, but does not require the minister to consult with the provincial agriculture representatives.

Canadian farmers and ranchers deserve a seat at the table. Bill C-235 could easily be improved by including agriculture in the provincial consultation process.

I should also note that I have a lot of questions about the metrics that will be used to determine the outcomes of Bill C-235. Subclause 3(3) of the legislation states, “The framework must include measures that promote economic sustainability and growth and employment in the Prairie provinces”. However, how the government will measure these targeted outcomes appears to be unknown.

The bill also requires the Minister of Industry to prepare a report on the progress and effectiveness of the framework. However, how the minister will determine what is considered effective is also unknown.

My constituents know that I have never believed in the Ottawa-knows-best attitude. Unfortunately, I fear that this bill may only fuel this approach by adding a new layer of red tape and regulation to economic development at a time when we should be reducing it.

I find it interesting that Bill C-235 is a bill focused on improving the environment within specific provincial boundaries because it was only a few years ago when the Liberal government rejected Manitoba’s very own green plan, which was specifically designed to meet the needs of the province. I strongly believe that a one-size-fits-all approach will never work for environmental policy, and I hope that the government will one day acknowledge this too.

I do applaud the fact that the bill would give priority to making use of new sources of energy, including nuclear. As a member of the Standing Committee on Environment and Sustainable Development, I have heard loud and clear that we will never meet our climate goals if we do not embrace nuclear energy. The government must grow Canada’s nuclear industry, and I am pleased to see the member for Winnipeg South Centre acknowledge that.

In conclusion, I support the spirit of Bill C-235 to improve local engagement in building a greener economy, and I thank my colleague for focusing on a region that we both proudly call home. However, I have major concerns with the blatant neglect of Canadian agriculture in the bill. Simply put, there would be no prairie economy without agriculture, and Bill C-235 fails to acknowledge this in its current form.

I hope that my remarks and suggested changes regarding this legislation are considered by members during its consideration in committee. I am always happy to work with any member of the House to grow Canadian agriculture and grow the Canadian prairies.

[Simon-Pierre Savard-Tremblay, Bloc, Saint-Hyacinthe—Bagot, QC]

Madam Speaker, it was with great interest that I read the bill introduced by our colleague from Winnipeg South Centre, which calls on the government to work with key stakeholders to develop an action plan to move the prairies toward a greener economy.

It may not be easy, but western Canada must move away from fossil fuels. Everyone acknowledges the pressing need for an energy transition away from oil, except perhaps some of our colleagues, who, unfortunately, have occasionally tried to take advantage of the crisis in Ukraine to promote Canadian oil and gas.

However, the challenge will be enormous, given the forces involved. The sponsor of this bill is well aware of this, having served as natural resources minister from 2015 to 2018. If the challenge is great, it is primarily because of the power and scale of the oil lobbies. Everyone is aware of this. These behemoths hoard talent and put pressure on wages and costs. They hinder the creation and growth of innovative SMEs, which are trying to develop sectors that would diversify the economy of this region.

The energy revolution is inevitable, however. It will happen. That is a fact, no matter what fantasies some people may still have about green oil. A total transformation of the existing framework requires support from all economic stakeholders, in both the political and financial sectors. Unfortunately, the financial sector is not currently making much of an effort or much progress. Many banks talk a good game, promising to move away from fossil fuels and commit to Ottawa's goal of net-zero emissions by 2050. That is the latest objective announced, and the plan is still in development.

However, investments in the oil industry jumped from $122 billion in 2016 to $160 billion in 2019. Investments did drop in 2020 as a result of the pandemic, but the five largest Canadian banks are still among the top 25 largest investors in fossil fuels—

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

I am sorry to interrupt the hon. member, but I would ask him to take his phone off his desk because the vibrations are bothering the interpreters.

[Simon-Pierre Savard-Tremblay, Bloc, Saint-Hyacinthe—Bagot, QC]

Madam Speaker, I apologize. I would also like to take a moment to sincerely apologize to the interpreters.

I was saying that the five largest Canadian banks are all still on the list of the world's top 25 investors in fossil fuels. Knowing that today's investments will be used to increase tomorrow's production, I will be polite and simply say that we are not exactly positioning ourselves to meet our environmental objectives.

We hear about carbon capture and storage, but these measures will have little effect on reducing emissions. These strategies will never replace a real shift to renewable energy. The strategy of “let's increase production, then we'll increase capture” is simply doomed to fail.

Remember that one of the objectives of the Paris Agreement, signed by Ottawa, is to use financial flows to promote the development of an economy that has low greenhouse gas emissions and is resilient to climate change. I encourage my government colleagues to finally adopt a policy to implement this objective, in case they have forgotten about it. It is Parliament's responsibility to send a clear signal and to support the green shift, which must be accelerated. Canada is asleep at the wheel, make no mistake about it.

In 2019, an expert panel, jointly created by the departments of Finance and the Environment, stated that this transition would not be possible without real change in financial models, and pointed in particular to the urgency of reorienting investments toward greener sectors. Instead of offering a real strategy to move away from oil, the government talks about supporting this industry into a low-emission future; in short, it wants to continue pumping oil while trying to do as little damage as possible. The time for such nonsense is over.

To meet the goals of the Paris Agreement, we need to immediately stop financing the development of new oil and gas projects. These are not my words, but those of the International Energy Agency, which cannot be accused of being ideologically anti-oil. We must urgently reorient these investments toward the sectors of the future. However, as I said before, to do that, stakeholders from all sectors must seriously do their part.

That is why the Bloc Québécois is pretty open to supporting Bill C‑235, currently before us, since several federal ministers would be required to work in partnership with the provinces and the private sector to bring in an action plan to develop a green and modern economy in the Prairies. This is a step in the right direction. As they are developing the action plan, I invite the ministers to consult the Bloc Québécois' proposals, where they might find the inspiration that they have quite clearly been lacking so far, unfortunately.

Getting back to the bill, it talks about transparency regarding climate risks. We need to leverage savings by making green RRSPs more tax efficient than RRSPs that include investments in fossil fuels, in order to free up a huge amount of capital to finance the green shift. Billions of dollars need to be freed up. Public funds will be a crucial aspect, but they will be insufficient. We absolutely must invite the financial sector to take up this challenge.

In the shift we are proposing, some see only costs, complications and bureaucracy. However, the economic benefits of a green transition are numerous, first of all by allowing the development of cutting-edge technologies and industries. As we know, Quebec is full of forward-thinking creators. The green transition will be lucrative. Investors will therefore have access to more dynamic and promising assets, rather than assets whose performance is condemned to plunge, as well as to a more stable financial sector.

We are certainly facing a huge task, but this is a historic opportunity to lead a strong and radical, but beneficial and incredibly motivating, transformation. Many of my colleagues here certainly claim that they entered politics to change the world. We have heard that many times. Now is the time to be on the side of the visionaries and agents of progress.

I will close by thanking the sponsor of this bill for trying to put a bit of pressure on his government. That takes courage. I assure him of our support in this matter. We will vote in favour of this bill, and we will co-operate with all initiatives and all attempts to facilitate the urgent and inevitable transition to renewable energy.

[Jim Carr, Liberal, Winnipeg South Centre, MB]

Madam Speaker, I have to say that whatever happens to this bill, tomorrow or beyond, from my perspective it has already performed a wonderful piece of service because we have been witnessing, over the past hour or so, a debate in the Parliament of Canada about the future of the Prairie economy that resonates not only with people who live on the prairie, but also with people from Quebec, British Columbia and all over the country. To be able to focus the parliamentary mind on the future of prairie Canada, in the context of all of the regions of this diverse, disparate and magnificent country, is so satisfying.

I could take some of the quotes from all of the members who spoke today and say they might have been speaking for me and for the intent of the bill. For instance, “Better coordination on the Prairies”, said the member for Abitibi-Témiscamingue. “Solutions for communities who want action”, he said, and “Access to markets.” “Lasting sustainable action.” “The federal government has an important role to play in the development of a sustainable economy on the prairie, as it has for every region of the country.” There was then a very interesting set of ideas on green finance.

This is exactly the kind of debate and the framework that is envisioned in this bill, not in 45 minutes of discussion on the floor of the Parliament of Canada, but in hundreds of discussions, in city councils, within the councils of provincial decision-making, with the indigenous communities and in the private sector, which is going to have to take the lead.

I also welcomed comments from the member for Victoria about supporting workers in transition. Of course, we can talk about economic development all we want and about wealth creation, but if the very basis and motivation of that creation is not the creation of good jobs for our people, then it is a bit empty and does not lead to where we want to be, which is prosperity that is rooted in sustainability right across the region.

I love her expression “a green new deal”. Maybe I like it so much because I am just reading a biography of FDR at this moment. There is incredible vision. Other members have spoken about it being time for visionary politics. The vision FDR had in 1933, and throughout his presidency, really created an entire new social structure and way of doing business in the United States and is instructive for all of us. For this debate to talk about a “new green deal” is one of the reasons why it was introduced in the first place.

I would say to my friend, the member for Dauphin—Swan River—Neepawa, that I think we should talk at committee about the importance of agriculture in the Prairies. I am sure that there will be ways of ensuring the bill not only refers to agriculture, as it should, but also the role of agriculture in the new Prairie economy, because people sometimes forget that in that region of the country we are growing what the world wants and needs, not the least of which is protein: It is food and sustainable sources of what it takes to sustain life itself.

When people ask me what I think the impact of this bill might be, I say that it has a wide range. It could be from absolutely zero, to changing the way we do business as a nation, or something in between, which is more likely. What it requires is what has been referred to by everybody who has spoken in this debate, which is an understanding that those of us in public office, or in positions of community leadership are at the table with indigenous communities, those in universities and on the cutting edge of research in value-added agriculture, and those in the life sciences where there is so much leadership in Prairie Canada.

I want to thank members for their support. Sometimes that support was expressed as an admiration for the spirit of the bill and in other cases even clause-by-clause language has been used to express its aspiration.

I look forward to moving this bill on to a vote and to committee, and I thank my colleagues very much for engaging in a debate about a green Prairie economy.

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

The question is on the motion.

If a member of a recognized party present in the House wishes to request a recorded division or that the motion be adopted on division, I would invite them to rise and indicate it to the Chair.

The hon. parliamentary secretary to the government House leader.

[Mark Gerretsen, Liberal, Kingston and the Islands, ON]

Madam Speaker, I would ask for a recorded division, please.

[The Assistant Deputy Speaker (Mrs. Alexandra Mendès), Liberal, Alexandra Mendes]

Pursuant to order made on Thursday, November 25, 2021, the division stands deferred until Wednesday, June 1, at the expiry of the time provided for Oral Questions.