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Natural Resources committee  Yes, this fund is a type of subsidy, agreed.

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  Thank you for your question, which covers both the topic of our meeting today and the topic of our meeting next week. I'll respond quickly. In our November report entitled “Lessons Learned from Canada's Record on Climate Change,” lesson 2 focuses on emissions from the oil sector

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  There was a target for emissions. However, for the other components, there was only a qualitative target. To confirm value for money, for example, in terms of jobs, you need measures and targets. There weren't any for this program.

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  I don't know. You can probably ask the Natural Resources Canada officials on Wednesday when they're here. I'll ask Sylvie Marchand whether she knows more about this than I do.

January 31st, 2022Committee meeting

Jerry V. DeMarco

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  Yes. Thank you.

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  I wouldn't use “toxic”, but their warming potential is much greater than that of carbon dioxide. Their residency time in the atmosphere is shorter, but for the time that the methane is in the atmosphere, the warming potential is much greater. That it's a more potent greenhouse ga

January 31st, 2022Committee meeting

Jerry V. DeMarco

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  If it were carried out in a way that was in keeping with the additionality principle, then I would say that it was complementary, but in fact, it was partly complementary and partly duplicated.

January 31st, 2022Committee meeting

Jerry V. DeMarco

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  The choice of measures is up to the government of the day, obviously. If carried out properly—and that's what our six recommendations are aimed at.... This program isn't over, and if there are similar programs in the future, we would like them to be carried out as efficiently and

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  It's certainly a possibility that we'll do a follow-up based on the third intake. We looked at the first intake. The second intake happened after the end of the audit period but before today, and then the third intake period is the present one. Most of the funds are still availa

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  I believe the reference is 97% of the projects included going beyond the methane regulations. I don't believe it was 97% of the emissions though. A project could be meeting and then exceeding. If a project did both, then it fell within that number that you're speaking of, but I d

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  I will ask a member of our team, Sylvie Marchand, to talk about the procedures that were taken in this audit.

January 31st, 2022Committee meeting

Jerry V. DeMarco

Natural Resources committee  I'd like to respond to that question by using two examples. One is the concept of additionality, and one is the concept of looking at the entire emissions or the net emissions, as opposed to one aspect of emissions. On additionality, the answer is highlighted in our report, with

January 31st, 2022Committee meeting

Jerry V. DeMarco