Mr. Speaker, I have some wonderful news for my colleague from Trinity—Spadina.
According to “Canada's Emissions Trends” report, Canada's emissions in 2010 virtually stabilized while we saw a growth in our economy by 3.2%.
What does that mean? It means that our greenhouse gas emissions are lowering while our economy is growing. Our policies with regard to regulating the coal-fired electricity sector and the transportation sector and investing in clean energy technology and in climate change adaptation are seeing a reduction in greenhouse gas emissions. This is great news for our constituents.
However, what we will not do is take $21 billion out of the pockets of Canadians to see these things happen. We are getting the job done without taxing Canadians. Canada is in good hands.