Evidence of meeting #117 for Finance in the 44th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was ontario.

On the agenda

MPs speaking

Also speaking

Clerk of the Committee  Mr. Alexandre Roger
Elizabeth Brown  As an Individual
Jennifer Gerdt  As an Individual
Kelly Gorman  As an Individual
Justine Kintanar  As an Individual
Erika Campbell  As an Individual
Insiya Mankani  As an Individual
J.P. Boutros  As an Individual
Joseph Polito  As an Individual
Eve Paré  Executive Director, Association québécoise de l'industrie du disque, du spectacle et de la vidéo
Andrew Cash  President and Chief Executive Officer, Canadian Independent Music Association, Association québécoise de l'industrie du disque, du spectacle et de la vidéo
Ron Butler  Mortgage Broker, Butler Mortgage Inc.
Paul Cheliak  Vice-President, Strategy and Delivery, Canadian Gas Association
Lynne Livingstone  City Manager, City of London
Scott Courtice  Executive Director, London Inter-Community Health Centre, City of London
Alex Ciappara  Vice President and Head Economist, Financial Stability and Banking Policy, Canadian Bankers Association
Corinne Pohlmann  Executive Vice-President, Advocacy, Canadian Federation of Independent Business
Jeff Ferguson  Executive Director, Knowledge Mobilization and Transformation, Inclusion Canada
Krista Jones  Chief Delivery Officer, Ventures and Ecosystems Group, MaRS Discovery District
Reid McKay  Director, Policy Innovation and Fiscal Policy, Toronto Region Board of Trade
Pierre Ouellette  President, Université de l'Ontario français

10:20 a.m.

City Manager, City of London

Lynne Livingstone

I don't think I can comment on that.

10:20 a.m.

NDP

Matthew Green NDP Hamilton Centre, ON

Okay. That's fair enough.

As it relates to federal dollars, you talked about operating funding. Would you agree that in transit, in particular, where the federal government can support the purchase of buses, LRTs or any other things, that operating funding and having that predictable, multi-year budgeting would also be a huge help to municipalities like London?

10:20 a.m.

City Manager, City of London

Lynne Livingstone

From a transit perspective...absolutely.

10:20 a.m.

NDP

Matthew Green NDP Hamilton Centre, ON

Okay.

10:20 a.m.

Liberal

The Chair Liberal Peter Fonseca

Thank you, MP Green. You got a lot in there. It was quick-fire.

We're going to MP Chambers now for five minutes.

10:20 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Thank you very much, Mr. Chair.

He missed his calling as a prosecutor.

Mr. Cheliak, I have a couple of questions for you, and then I'll go back to Mr. Butler.

As I understand it, renewable natural gas comes from landfills. It could be feedstock from a farm. Once it's done its processing, you can use the existing natural gas infrastructure to put it back into the system. Is that correct?

10:20 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

Yes. Renewable natural gas is methane, or CH4. It's the same product that is pulled from our reserves in Canada, so it's just a renewable form of the same molecule that flows through our pipelines to our furnaces today.

10:20 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Renewable natural gas was not included in the first round of ITC—investment tax credit—eligibility. Is that correct?

10:20 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

That is correct.

10:20 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

The renewable form of a fossil fuel, which is obviously greener than the actual fossil fuel, because we're using feedstock from existing operations or existing activities today, is not eligible for a tax credit that's supposed to green the economy.

10:25 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

That's right. In the entire biofuel industry—ethanol, biodiesel and renewable natural gas—there is no ITC currently proposed for any of those.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Do you expect that one will be announced, or are you unsure about what the future holds?

10:25 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

Natural Resources Canada was asked to look at the issue, and we've helped it better understand the viability of it and the need for it. Whether or not it comes to fruition is to be determined.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

I also heard a stat. I wonder if you can confirm this for me. If 25% of China's coal plants were converted and replaced with LNG, the entire world would see a reduction in emissions equal to the total amount of emissions produced in Canada.

Is that a stat you've ever heard before?

November 14th, 2023 / 10:25 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

It's 20% of coal.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

It's 20%. That's actually even better. If we were to reduce China's coal plants by 20% and replace them with LNG.... It doesn't have to be Canadian LNG but any natural gas. I think we'd like it to be Canadian LNG, or some of us would.

Remember, pollution doesn't recognize borders—that's what we were told at the very beginning of the whole climate discussion—but we could save the entire planet the equivalent of the entire emissions produced by this country every year.

10:25 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

That's correct, and maybe I'll build on the stats for you. On the shipping fleet that docks and unloads in Vancouver, if you were to put LNG into those ships versus marine bunkering fuel, you would save the entire emissions of British Columbia if you did it with LNG.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

I'm sorry. Is that already happening? For all the ships that are leaving today in the port, if you replace with LNG the existing fuel, the traditional fuel they're using, you'd save the entire emissions of the province of British Columbia.

10:25 a.m.

Vice-President, Strategy and Delivery, Canadian Gas Association

Paul Cheliak

Yes. They fill up in Singapore and Rotterdam. They traverse the ocean, and they dock in Vancouver and unload and go back to their reloading facilities in Asia. If you had LNG versus bunker C, which is quite literally one step above asphalt in the spectrum, you'd save the equivalent of B.C.'s entire GHG emissions inventory.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Wow. You wonder sometimes what we're fighting over.

Mr. Butler, my final question is for you. This may be outside of your area of expertise, but I'm going to try anyway because you mentioned it yesterday on your Twitter.

As a taxpayer, how do you feel about learning about a $1.3-billion courthouse being built in Ottawa that has three courtrooms?

10:25 a.m.

Mortgage Broker, Butler Mortgage Inc.

Ron Butler

The original budget was a billion dollars, but it's already over budget. It's six or eight years away, so we'd have to guess that it's about $1.3 billion or more. Personally, I think it's crazy. That's all I can say.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

Do you think there are better uses for that money?

10:25 a.m.

Mortgage Broker, Butler Mortgage Inc.

Ron Butler

There are a million different better uses for the money—yes, absolutely.

10:25 a.m.

Conservative

Adam Chambers Conservative Simcoe North, ON

There are only three courtrooms there. Is that right?

10:25 a.m.

Mortgage Broker, Butler Mortgage Inc.

Ron Butler

There are only three courtrooms. That's what the whole plan calls for, just three courtrooms.