Juanita Nathan

Faster fossil phase-down

The other end of this axis: Slower phase-down, production first

Excerpts repeat support for net-zero, clean growth, climate adaptation and mitigation.

It is a future that is not only net-zero but also full of new opportunities for clean, resilient and lasting growth, from such things as building new industries that anchor long-term jobs in every region and developing climate-smart infrastructure that saves money by avoiding costly disaster recovery. There are opportunities for workers and communities, such as thousands of skilled jobs for electricians, energy advisers, engineers and construction workers, as well as community-owned renewable energy projects that keep wealth circulating locally.

Restrict new oil and gas

The other end of this axis: Expand production and export

Excerpts repeat emphasis on clean electricity, clean technology, nuclear and net-zero over fossil expansion.

We are creating an environment that rewards investment and innovation, especially in the industries of the future. The government is introducing and enshrining in law a suite of investment tax credits to give Canadian businesses the confidence to invest: the clean-electricity tax credit, which is soon to be legislated and will be retroactive to March 2023; the clean-technology tax credit, which is now law, providing a 30% incentive for businesses investing in clean innovation and which is also retroactive to March 2023; and the clean-technology manufacturing tax credit, offering a 30% incentive retroactive to January 2024. We are also strengthening industrial carbon pricing by developing a post-2030 trajectory that gives businesses long-term certainty to plan and invest responsibly.

Stronger unions and standards

The other end of this axis: More flexibility for employers

Excerpts affirm union workers at the heart of the economy and protection of bargaining rights and the right to strike.

Speaker, union workers are at the heart of a strong economy. This bill is designed to strengthen good-faith bargaining and achieve better outcomes for everyone. It would crack down on wage theft and the misclassification of jobs. It would protect workers during business transactions and insolvencies. It would safeguard bargaining rights when contracts change hands. It would speed up grievance arbitration, in addition to always upholding the constitutionally protected right to strike. I just want to reiterate that the right to strike would always be protected under this bill.

Diversify away from one partner

The other end of this axis: Deeper continental integration

Excerpts support a trade diversification corridor fund and doubling non-U.S. exports.

The government has already moved quickly to launch a new $5-billion trade diversification corridor fund to put investments behind the ambition into action to build our infrastructure, strengthen our supply chains, attract private capital and grow Canada's economy. These are significant investments that would connect Canadian products to domestic and international markets and would support our government's goal of doubling Canada's non-U.S. exports over the next decade. Bill C-39 is the next piece of that work.