Evidence of meeting #29 for Transport, Infrastructure and Communities in the 45th Parliament, 1st session. (The original version is on Parliament’s site, as are the minutes.) The winning word was projects.

A video is available from Parliament.

On the agenda

Members speaking

Before the committee

Gregor Robertson  Minister of Housing and Infrastructure
Roscoe  Chief Executive Officer, Roswall Development Inc.
Rodgers  Managing Director, Slate Asset Management

Jessica Fancy-Landry Liberal South Shore—St. Margarets, NS

Thank you very much, Mr. Roscoe. I think we can see that the future is looking bright in Nova Scotia in terms of electricity—pun intended.

At the end of this, I was wondering if you could please explain any other specific tangible economic benefits. I know that for me, for the Town of Bridgewater, which has approximately 10,000 residents and a very large-scale industrial park, when this project comes online it will get that town to net zero, and I don't know how many other towns in this whole country are going to be able to make that boast. I'm wondering if you have any other tangible economic benefits that this project will deliver.

Thank you.

6:30 p.m.

Chief Executive Officer, Roswall Development Inc.

Daniel Roscoe

Yes, there are substantial economic benefits. As the member pointed out, the Town of Bridgewater in Nova Scotia has been a leader in climate change action, recognizing energy poverty as an issue in their riding and identifying how many dollars leave their community to import fossil fuels. The more energy that can be produced locally in a community such as Bridgewater, the more that money can stay within that region.

There are a number of reasons that companies and municipalities have signed up to buy clean energy from Renewall: They want to meet climate targets and they are publicly traded companies and companies that export to markets that have carbon border adjustments, such as Europe. Also, some companies are just looking for stable cost pricing as well.

The Chair Liberal Peter Schiefke

Thank you very much, Ms. Fancy.

On behalf of all the members of this committee, I would like to thank all our witnesses for appearing before us today and sharing their testimony.

Colleagues, before I adjourn, I want to give all members a heads-up that next week we will endeavour to adopt the budget for the Nav Canada study, but also, we have some housekeeping to do with regard to providing guidance to our analysts for the studies that we've already concluded. The clerk and I will endeavour to include some time to do that, and we'll endeavour to do that next week.

Does that sound good to everybody?

Some hon. members

Agreed.

The Chair Liberal Peter Schiefke

Go ahead, Mr. Albas.

Dan Albas Conservative Okanagan Lake West—South Kelowna, BC

Thank you, Mr. Chair.

I want to remind everyone that B'nai Brith is really interested in participating. I really hope that Liberal members can maybe caucus a bit and see if they are willing to do that.

I think they asked us to do the study on cybersecurity in Canada's airports, and I would hope that their requests would be welcomed.

The Chair Liberal Peter Schiefke

Yes. Thank you very much, Mr. Albas.

With that, colleagues, this meeting is adjourned.