Mr. Speaker, on the one hand, the Government of Canada did the right thing in ratifying the Kyoto Protocol. It has also invested nearly $3 billion since the year 2000 toward the implementation of Kyoto goals.
On the other hand, the government is proposing a bill now before the finance committee aimed at reducing taxes on the oil and gas industry, a move which makes no sense because it would stimulate and accelerate emissions of the greenhouse gases we want to reduce to achieve the Kyoto objectives.
Evidently the finance department does not know that this government's major objective is to cut greenhouse gas emissions. Bill C-48, an act to amend the Income Tax Act, should be allowed to die on the Order Paper because it is not in the public interest and because it runs counter to a key government policy.