An Act to amend the Income Tax Act (capture and utilization or storage of greenhouse gases)

This bill was last introduced in the 43rd Parliament, 2nd Session, which ended in August 2021.

Sponsor

Greg McLean  Conservative

Introduced as a private member’s bill. (These don’t often become law.)

Status

Defeated, as of June 9, 2021
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends the Income Tax Act to establish a tax credit for the capture and utilization or storage of certain greenhouse gases.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Votes

June 9, 2021 Failed 2nd reading of Bill C-262, An Act to amend the Income Tax Act (capture and utilization or storage of greenhouse gases)

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:25 p.m.
See context

Bloc

Mario Simard Bloc Jonquière, QC

Madam Speaker, I must admit that I am a big fan of the member for Carleton.

Red tape, bureaucracy. I agree with all of the things that he mentioned. I can even point out to him the worst example of red tape and bureaucracy: the Canadian federation.

The federal government has never run a hospital, but it wants to tell us what to do with health transfers. What is worse, since the member spoke about pipelines, 50% of my taxes go to the federal government and get added to the $24 billion. All I have to show for it is a damaged economy. That is a phenomenon known as Dutch disease, and it has been happening for years. The member for Carleton is saying that we need to add another layer and finance pipelines, to go full throttle and build the pipeline, as I have often heard people say here.

If my colleague agrees with me about red tape in the Canadian federation, would he agree to make transfer payments that meet the demands of the provinces and perhaps reduce that red tape? I look forward to hearing what he has to say about that.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:25 p.m.
See context

Conservative

Pierre Poilievre Conservative Carleton, ON

Madam Speaker, we absolutely have to reduce the burden on all our entrepreneurs, our workers and the Canadian economy.

However, I often see a contradiction with the Bloc Québécois. Every time Bloc members rise, they say they do not want to be part of Canada, but they want the federal government to spend more money in Quebec.

My personal view is that Quebec should be part of Canada. Every time Bloc Québécois members rise, their goal is to increase their power and the federal government's burden. Only the Conservative Party wants to cut the cost of and power wielded by politicians, bureaucrats and the federal government in this country as it stands. We, the Conservatives, are the ones who want to give the provinces and Canadians more autonomy.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:25 p.m.
See context

NDP

Richard Cannings NDP South Okanagan—West Kootenay, BC

Madam Speaker, I would like to thank the member for Carleton for that, I guess, entertaining speech. It was completely irrelevant to the subject at hand, but I will try to run with it.

He mentioned that there are a lot of interprovincial barriers to trade in Canada. My riding makes the best wine in the country and his friend, the Premier of Ontario, stopped those shipments from going to Ontario. We cannot send wine to Ontario. Doug Ford said no. He even upped the ante recently with legislation that threatens a 10-year jail sentence for someone shipping wine into Ontario. His friend and former colleague, Jason Kenney in Alberta, could regain a lot of his lost popularity. He is at rock bottom right now. He could become much more popular if he changed the rules so that we could ship British Columbia wine to Alberta.

Could the member make those calls and help us improve interprovincial trade in Canada?

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:30 p.m.
See context

NDP

The Assistant Deputy Speaker NDP Carol Hughes

The hon. member for Carleton is going to have some time left over for questions and comments. I will let him answer briefly so we can get on to the next business.

The hon. member for Carleton.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:30 p.m.
See context

Conservative

Pierre Poilievre Conservative Carleton, ON

Madam Speaker, that was a fantastic question. Yes, I will make those calls. Every premier should knock down interprovincial trade barriers. I should tell him the good news, though: Alberta has already done it. Alberta knocked down the barriers and does import tariff-free British Columbia wine. Every province should do that and we should let this beautiful British Columbia, Niagara and Nova Scotia wine flow freely right across the land, as the founders of this nation originally envisioned.

Economic Statement Implementation Act, 2020Government Orders

April 12th, 2021 / 6:30 p.m.
See context

NDP

The Assistant Deputy Speaker NDP Carol Hughes

The hon. member will have four minutes left for questions and comments the next time this subject is before the House.

It being 6:30 p.m., pursuant to Standing Order 30(7), the House will now proceed to the consideration of Bill C-262 under private members' business.