Madam Speaker, I was using bank mergers as an example. If my colleague had followed my speech from the start, he would have learned something, because it is a good example of what can result from investing at all costs. If the Canadian banks had merged, which is what the Conservatives and the Liberal Party wanted, we would have witnessed a debacle just as catastrophic as what happened in the United States.
Bill C-23 is supposedly a free trade agreement. In fact, it is quite simply an investment agreement. That is what is dangerous. The government wants to enable private companies that specialize in mining development to invest more in Colombia without having to respect human rights or protect the environment. This is terrible, because it shows that this Conservative government is willing to do anything, as it proves daily. It gives tax credits for oil sands development, the dirtiest industry on the planet. It is not the Bloc Québécois that says that. The Economist and other newspapers around the world judge these things and find that the oil sands are the worst polluter in the world. Once again, the Conservative government has subsidized the oil companies to the tune of millions, hundreds of millions and billions of dollars since it came to power.
This is a concern because with Bill C-23, this free trade agreement, which is an investment agreement, will allow private Canadian companies to invest in the mining sector without having to respect human rights, working conditions or environmental standards. This will be a disaster.
Earlier my colleague from the north shore gave examples of what mining companies have done in the past in his region. He might get a chance to ask me the same questions. If we do not restrict private companies, whether they are in mining development or banking, all they will want to do is make money at all costs. That is why I maintain that banking and mining companies are all the same. Oil companies respect absolutely nothing. They want to make profits at all costs and pay dividends every three months to their shareholders and bonuses to company CEOs. That is what happened in the banking system. They wanted so badly for things to go well in the banking system that they even paid CEOs to give speeches in chambers of commerce. Every banker in the world was fleeced. Fortunately at the time there were parliamentarians like those from the Bloc Québécois who prevented Canadian banks from merging. We saved their life.
Today, once again, I am pleased that the members of the Bloc Québécois are here to prevent such bills from being adopted. My Conservative colleagues can laugh but they know the power that the opposition can command when it decides that a bill will not pass. They know it.
Today, they tried to prevent us from speaking about Bill C-23. However this Parliament has rules to prevent Conservative governments from using every means to stifle public debate and democracy. Conservatives stand in the way of democracy. They prove it every day.
Quebeckers decided, in their wisdom, to send worthy representatives to defend their values and their interests. Quebeckers do not see their interests and values reflected in a free trade agreement that is nothing but an investment agreement. It is not a true free trade agreement. It is an agreement that allows companies to make investments, and I will say it once more—it cannot be said enough times—without respecting human rights and the rights of individuals. I will not go over all the examples of what has happened in Colombia to unionists who have been assassinated and so forth. My colleagues have already talked about this.
Allowing our corporations to do business with a country that does not respect human rights, the rights of individuals and the rights of workers may serve the private interests of certain Canadian corporations but is not of benefit to Quebeckers.
Once again, we will act as the conscience of Canadian companies. We cannot leave it up to capitalists to respect human and environmental rights. We can forget that. The oil sands are an excellent example, in terms of pollution and from an environmental standpoint. We cannot leave it up to those companies to respect the environment. All they care about is their profit margin. When one is also supported by a Conservative government that is willing to use public money to pollute, this adds up to the oil sands. This always makes me chuckle, because oil is a non-renewable energy source.
We are happy to have hydroelectricity in Quebec, which we paid for ourselves, without a penny from the federal government. Not one cent of the federal government's money went towards creating Quebec's hydroelectric system. Quebeckers paid for it. We will be able to meet the Kyoto targets, which the federal government will never be able to do. It continues to be the laughing stock of the planet, which it will prove once again in Copenhagen in a few months' time.
Fortunately, Quebeckers have the members of the Bloc Québécois to defend their values and interests.