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Finance committee  Yes. Thank you for the question. We've allocated $50 million over five years to support that. We have a second bucket of $5 million for a consultation process among provinces, territories, municipalities, utilities, indigenous nations and interested community neighbours. Between

October 26th, 2022Committee meeting

Tom L. Green

Finance committee  First of all, I think I'm in your riding. I'm in Vancouver. We've certainly experienced all of these costs. We have to recognize that, as a country, climate is impacting different areas of the country differently. We've also put in some recommendations for an adaptation strategy

October 26th, 2022Committee meeting

Tom L. Green

Finance committee  I think it's an excellent way to look at this. These are investments that help position Canada to be a zero-emissions economy of the future or to take advantage of opportunities and whatnot. There have been various assessments of what it will cost to transition Canada's grid and

October 26th, 2022Committee meeting

Tom L. Green

Finance committee  I think we could invest more on renovating buildings to reduce energy use, on renewable sources of energy and on getting them to every part of the country, in addition to the electrification of heavy transport, public transit and personal transportation.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  It's difficult to explain, given that the government said that it was going to eliminate grants to fossil fuels. It's also worth mentioning Export Development Canada, where things are also highly problematic.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Thank you.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Yes, that's right. It really does make sense to continue encouraging those investments across Canada in charging infrastructure. It is now possible to travel coast to coast, and there are fast chargers along the Trans-Canada Highway, but we need more of them. In particular, we ne

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  It's definitely not what we would recommend.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  It could help a bit, but it's a very inefficient way to go about it. There's also a risk that it might encourage the sector to increase rather than decrease our emissions. That's definitely not what the planet needs right now.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  No. We consider it to be public support and a very regrettable move. This unnecessary project should have been shut down. A large amount of money will be spent on it. When you think of what these funds could have accomplished in other sectors, we don't understand why this projec

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Yes. The point I want to make is that renewable energy sector is really where Canada should be making significant investments. There are all kinds of opportunities. Alberta and Saskatchewan could be renewable energy superpowers. There has clearly already been a lot of investment

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  It's not in tune with the recommendations made by the Intergovernmental Panel on Climate Change, the IPCC.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Sure, I'd be happy to. We certainly support the transition to zero-emission vehicles as a way to swap out fossil fuels and put in clean electricity. In our recommendation for this year's budget, we suggested that Canada really has an advantage in how clean our grid is and that w

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Yes, we do consider it a subsidy.

May 24th, 2022Committee meeting

Tom L. Green

Finance committee  Yes, I think that's their responsibility and that it would work if properly regulated. Of course, since carbon pricing affects businesses in the industrial sector, only a very small portion of their emissions will be affected by carbon pricing since we have a system for major em

May 24th, 2022Committee meeting

Tom L. Green