Mr. Speaker, our amendment to part 14, which is Motion No. 7 before us right now that relates specifically to the creation of the greenhouse gas technology investment fund, is to allow the minister and the government to have more flexibility to create more than just the one fund that is specified right now in Bill C-43.
We believe that this is important because it will allow the minister and the government of the day to look at regional issues and industry issues that we believe will not only help the environment, but also help industry work with the government to come up with the kinds of programs that will result in not only allowing industry to be a part of this program but ensuring that all of the investments do stay here in Canada.
We pointed out in committee that it was really important to the Conservative Party that Canadian companies and Canadian jobs come first and that the Canadian environment comes first. We were concerned that the legislation might create a fund where Canadian companies might contribute only to see that money end up in the hands of their competitors. We want to ensure that the government has the flexibility to address some of the concerns that industry has raised and frankly, environmental groups have raised as well.
This is the intent of the amendment to part 14. We want to create more flexibility that will result in not only better legislation on the environmental side but also better legislation on the industry side in allowing industry to work with the government on a better environmental plan.