Mr. Speaker, I understand my Conservative colleagues are asking why Mr. Harper failed. I am more than pleased to talk about that.
I will start with the $30 billion Conservatives gave to overseas tax havens every year, through the Harper sweetheart tax haven treaties. That is $300 billion that Conservatives used to splurge on overseas tax havens over the course of the dismal decade when Mr. Harper was in power. Not one Conservative has ever been able to explain what good it did for Canada to give away a third of a trillion dollars to overseas tax havens. The Harper government stopped pensions, forced seniors to work longer, slashed health care funding and cut services to veterans. It did all those bad things. It was a terrible decade, with $116 billion in liquidity supports going to Canada's big banks to maintain their profits and $300 billion, according to the PBO, given away to overseas tax havens. Conservatives' financial management is an oxymoron. They are simply not good at managing money; they are terrible at it. It is unbelievable.
If one does not believe me, one just has to look at the fiscal returns actually tabled by the Ministry of Finance, federally. It is hardly a hotbed of social democrats in the federal Ministry of Finance, but it has been saying, year over year, for the last few decades, that the worst governments, in terms of managing money and paying down debt, are the Conservative and the Liberal governments.
The governments that are best, of course only provincially, up to this time, at managing money, at paying down debt and at the same time ensuring we have effective education programs, effective health care programs and effective investments in our youth, and have better programs for seniors and for families, and this is from the fiscal returns of the federal government, are NDP governments. It should not be a surprise to anybody that we are not only the best at managing the services that Canadians need in every province that we have governed in, but also the best at managing money. That comes from the federal Ministry of Finance, no less.
I wanted to take just a few minutes to talk about, as the member for Timmins—James Bay has done so eloquently, the climate crisis that we are in.
Scientists who are monitoring the collapsing ice shelves of Greenland have noted how soot from fires, which lands on the ice shelves, draws more heat and leads to ever faster disintegration of the ice fields. This is raising water levels, causing ocean instability and leading to more storms. We are at a tipping point. It is essential that we act fast and take the magnitude of this crisis seriously.
The first step is to take on what the member for Timmins—James Bay has called a pathological obsession of big oil to extract as much profit as possible from the burning of the planet. Big oil has shown no interest in limiting the damages it has done and, in fact, is pushing for an increase in production.
Scientist David Archer states, “The climatic impacts of releasing fossil fuel CO2 to the atmosphere will last longer than Stonehenge...longer than nuclear waste...longer than the age of human civilization so far.”
It also does not make economic sense. Last week, the International Energy Agency stated that we are at “the beginning of the end of the fossil fuel era”, as “demand for oil, natural gas and coal” are all going to “peak” over the next few years. Therefore, we need to prepare to ensure that we are actually putting in place all those fundamental issues, programs and foundations and to ensure that we can benefit from the clean energy economy to come.
The reality is that the declines, in terms of production and emissions, are nowhere near steep enough to put the world on a path to limiting global warming to 1.5°C. We are going to have to work more steadily, and there has to be faster policy action by governments.
That is why it is so important to move on Bill C-49. I am pleased, on behalf of the NDP caucus and on behalf of the member for Timmins—James Bay, to support this legislation.
It is not a panacea. It does not get the job done, but it is a first important step that allows us to move forward for the clean energy economy to come, to allow energy workers in Newfoundland and Labrador and Nova Scotia to do the important work that they can do to ensure that we have growth and development of clean energy and that we have more jobs in Atlantic Canada.
It is for all those reasons that the NDP is supportive of Bill C-49.
Now, should the government be doing more? The answer is yes.
We have had two decades of inaction, first with the Harper government, then with the current government. These two governments did not make the investments other countries made. In our opinion, it is essential that we put all the tools in place, including, of course, Bill C‑49.
It is extremely important that we implement the bill, and that we invest in order to create jobs and prosperity and to lower the price of energy in Atlantic Canada, ensuring that everyone can benefit from clean energy in the future.