We are talking about the possibility of sending industrial production out of Canada. When we invite witnesses here, it is not just to give them a free trip and a lunch. We are politicians, not scientific experts. We bring the most competent people we can to discuss these matters. Unless we are bringing witnesses here just to pass the time, I think that we should be more aware of what is going on and, above all, of what they are telling us.
The "blues" tell us that we are going to cause ourselves problems if all we do is export our manufacturing, that is, Canada's industrial production, without protecting it or knowing the true costs. If we ship our manufacturing out of the country, not only do we just move the problem somewhere else, we make it worse. Nor will we have solved the greenhouse gas emissions problem because, after all, emissions from outside Canada affect the climate inside Canada. They play a significant role.
It seems to me that Bill C-377 causes problems both constitutionally and in application. We presently have a law that seeks a 20% reduction in greenhouse gas emissions by 2010. Not only has this been tabled, it has been passed and costs have been calculated for manufacturing, for all Canadian production and for industry as a whole. The calculations were thorough.
I find it hard to believe that Mr. Jack Layton came here to the committee to table Bill C-377 and blithely told us that he had no idea what it would cost. For someone who aspires to be prime minister, that is beyond disrespectful. Earlier, Mark used the word hypocrisy. I am disappointed that someone who wants to become prime minister can table a bill with so little regard for its effects on the Canadian economy. Honestly, it makes me sad. He went so far as to say that it was the government who should be calculating the impact of his bill.
Then, Ms. Donnelly tells us about the costs reaching 25% of the gross domestic product, using present economic models. I have talked with economists, that is to say, to officials who are responsible for budget projections, about what effect a bill should have. It seems that the financial models used by Ms. Donnelly are well recognized and they show that 25% of gross domestic product should be calculated as the effect of meeting the objectives of Bill C-377.
At a cost of 25% of gross domestic product, Saskatchewan would have to assign 99% of its gross domestic product to BillC-377. The NDP should have the sense to wait until at least one economic study has been conducted. I am not saying that we should conduct that study. If we did, you would want no part of it. We should find an economic study that everyone recognizes and accepts in order to determine whether it is or is not valid.
During question period, one of the things that people wanted was a budget for families, money for everyone, especially to protect the manufacturing industry. You still brought up a number of matters related to the budget today. As to Bill C-377, I am not saying that we should accept what Ms. Donnelly said lock, stock and barrel, but I am in favour of finding an acceptable way to calculate its impact.
Passing a bill that requires us to reduce our greenhouse gases by 25% below 1990 levels, or, in other words, to reduce our present emissions by 50% by 2020, in 12 short years, that is, is simply not reasonable. I ask that we agree to find someone who can calculate the precise costs of Bill C-377, so that we are in a position to make an informed decision.
We asked witnesses to come before this committee. We also asked for advice, and the most significant advice that we received was to calculate the costs that would be incurred. I think that everyone would benefit from that. This document we have here has been published. We are aware what a reduction of 20% by 2020 means because of the act now in force. As to health, we know that it costs $6 billion annually to care for people with respiratory problems due to greenhouse gases, smog, and other things like that.
I would ask Mr. Cullen to move that we officially ask an outside, independent group to cost out this bill before we go any further. I am not talking about whether it is constitutional; that is another issue. At least we would have some answers. I think that everyone is looking for answers. The Liberals have come here today with a list that exceeds Kyoto targets by 33%. They are no more stupid or more intelligent than anyone else; this is a pretty difficult topic. The challenge is not just Canada's, it is worldwide. So it affects Europe just as much as it affects the other countries of the world. The challenge is significant.
When our Liberal friends signed the Kyoto Protocol in 1997, I do not believe that they expected that, about ten years down the road, we would be so far from meeting the protocol's objectives. Setting objectives means incurring costs. We know that the world economy is undergoing major changes. There is talk of a significant global recession spreading both from the United States and from Europe. At the moment, we are all going through an economic slowdown that is not only major, but it is also predictable. Since the mortgage crisis, in fact, everyone has been expecting problems in industrial production and manufacturing. All this should be quantified. I believe that it would be wise, and would constitute due diligence for the members of Parliament around this table.
Thank you very much, Mr. Chair.