Mr. Speaker, it is an honour and a privilege to rise tonight to talk about a really difficult year that we had in my riding of Courtenay—Alberni.
We know that ocean temperatures around the world have been rising rapidly. It is a record year for air temperatures, ocean temperatures and wildfires globally.
We watched with horror as we saw wildfires rage across Yellowknife and Hay River and Nova Scotia, coast to coast to coast. My riding was no different. This included Highway 4 at Cameron Bluffs in my riding, which separated my riding from the west coast to the east coast along the Alberni Valley. That fire started, really, at full rage on June 6. It had a tremendous impact on the communities and on small business.
We know that the PBO projected just 10 years ago that climate emergencies would cost Canadians about $900 million a year. Here we are, and we are into multi-billions of dollars. This has an impact on the economy, the ecology and the ecosystem. We are seeing, right now, that the PBO projects that, so far, climate emergencies have cost Canadians between $20 billion and $25 billion.
I think about the impact that has on our communities. Of course, we need to take real action when it comes to climate change. We need to make sure that we invest heavily in clean energy and transition away from fossil fuels.
We also need to make sure that the impact of climate emergencies is not shouldered by the most vulnerable or by small businesses. That is why I am here tonight.
The communities of Tofino, Ahousaht, Hesquiaht, Clayoquot, Yuułuʔiłʔath, Toquaht, Huu-ay-aht, Hupačasath, Tseshaht, Uchucklesaht and Port Alberni have all been heavily impacted by wildfires in my riding.
In just Tofino and Ucluelet, they identified that the cost was $44 million, and that was on August 16. We are talking two months in. It took a long time before the highway could get cleared and people could move. Supply chains were heavily impacted.
Currently, Canada does not have a rapid response emergency fund for small businesses when it comes to climate emergencies. We know that there will be a lot more emergencies.
I cannot imagine the suffering of people in Hay River and in Yellowknife. They were even more impacted. We need to find a fund.
When I ask small business owners who should pay for this climate emergency rapid response fund, and if it should be an increase in taxes, the flat-out answer is no when I give them the alternative. That is to charge an excess profit tax on oil and gas, which has had record revenues and record profits. Shift that revenue to help support small businesses that have been impacted.
I believe we can have hope in taking on climate action really wholeheartedly after a year such as this. We need to.
However, SMEs cannot shoulder the burden. Right now, they have asked for an extension on the CEBA loan. They are still not getting that refundable portion, which they need by the end of next year.
I was just talking to Scott Stewart, who runs True North Distilleries. He needs the CEBA loan extended. His distillery also pivoted to help provide sanitizer for public health agencies through the pandemic. They just cannot absorb this kind of punishment.
We need to make sure that we are supporting small business with urgency, especially with the impact of climate-related emergencies. The CEBA loan extension is one part; we should provide a fund that can move rapidly and pivot, so that we can help support these small businesses.
We have seen Britain charge an excess profit tax on oil and gas. We know the Conservatives are not going to support that. We cannot even get Liberals to do that in Canada. It is time for the Liberal government to step in and provide resources to support those small business owners, who really are the economic drivers of our small communities.