Mr. Speaker, my colleague from London—Fanshawe is a champion on the environment in her community and her province.
Government can speak about transparency. The NDP requested that all these fines, warnings and issuances be made public because that might be something shareholders would want to know. If they are dealing with an energy company, if they are dealing with any kind of a corporation, one would think Canadians might want to know if it has a whole litany of penalties weighed against it. There is an element of ethical investment. This is a sector of the investment market that is growing in leaps and bounds and has been since the early nineties. Canadians and investors around the world want to invest in companies that are doing well. They want to make investments in companies that are working the local community, protecting the environment and all the rest.
What happens with these exemptions, which the government knowingly puts in, is they exclude sometimes some very vital information from investors and shareholders already in the company. The company might have a bunch of violations for spills, leaks, all sorts of contaminations and then behind closed doors, it works it out with government. Only if they fall into a very narrow category under this legislation will those penalties be made public. Otherwise who knows what they are?
This has to be the full cost accounting, the triple bottom line. These are the things we have talked about, where the environment and the economy come in harmony together. Once in harmony, it makes sense to invest in companies that do not pollute the environment. It makes sense to invest in companies that produce less greenhouse gases than their competitors. That will make the Canadian economy more proficient, productive and efficient. The Canadian economy desperately needs right now.
We have advocated for a green recovery, for a recovery that uses the investment of hard-earned dollars Canadians so we can make a more efficient and proficient economy. The government has said that it is stripping out environmental regulations and assessments. It is doing more harm and future generations will curse the government for that. They will ask themselves how the government could have taken out environmental considerations when it had an opportunity and the money to spend some money on it. It seems insane that in 2009 we are still talking about this, but lo and behold, the knuckles drag and it goes on.