Up next in 10
How many jobs are created? Energy minister grilled on how Liberals chase investors out of Canada
Jun 25, 2025
Is it true that there were numerous companies considering exploration, but once Bill C-49 was tabled, they pulled up their anchors and pulled out? -- This video has automatic dubbed versions. Go to Setting / Audio track and select your preferred language among the following: - English - French - German - Hindi - Indonesian - Italian - Japanese - Portuguese - Spanish Thanks for watching!
View Video Transcript
0:00
mr Chair does this can this minister
0:02
guess which province has the highest GDP
0:04
dependence on oil and gas minister
0:09
Mr Speaker I I think he's suggesting
0:11
that it's Newfoundland and Labrador The
0:14
honorable member Yes sir Second to
0:16
Alberta Does this minister know the
0:18
annual royalties of Newfaland offshore
0:20
oil and gas the honorable minister
0:24
They're in uh Mr Speaker they're in the
0:28
main estimates It's a pass through It
0:29
changes each year based on the uh the
0:32
value Uh I can get you the number for
0:34
this p for this past year And the
0:36
honorable member roughly 1.5 billion
0:38
each year 15% of our budget Does this
0:41
minister know how many oil rigs are in
0:43
offshore Newfaland the honorable
0:45
minister Mr Speaker I'm not interested
0:47
in the past I'm interested in the future
0:50
When we get this when we get this bill
0:52
passed we will have more rigs working in
0:55
the offshore and we will make Newfand
0:58
the honorable member I'm glad to hear
1:00
the look at the future and so am I Uh
1:02
does this minister know how many jobs
1:05
are created when an oil rig is built in
1:07
Newf Finland The minister
1:11
Mr Speaker I assume that depends on the
1:13
size of the rig It depends
1:17
Uh each rig is Look I've I've worked in
1:20
the oil and gas industry Every rig is
1:22
different Mr Speaker this is a silly
1:25
question Remember should be over 5,000
1:28
jobs per oil rig Sometimes up to 75 75
1:33
100 5,000 up to 7,500 depending on how
1:37
big it is Now will this on both sides
1:40
order on both sides of the member now
1:43
why did this government allow the top
1:45
sides of the Westway Rose extension
1:46
project to be built in the USA rather
1:49
than Newfoundland more specifically the
1:51
Bure Peninsula and the Bull Arm
1:53
Fabrication Site
1:56
mr Speaker this government uh has been
1:58
very clear It will work hard to uh under
2:02
our One Canadian Economy Act bring more
2:05
bring more jobs to Canadian steel
2:08
Canadian aluminum Uh that is the
2:11
intention of this government
2:14
The honorable member Well I'm glad to
2:16
hear that So will this minister commit
2:18
that the next offshore project will be
2:20
constructed in Newfaland minister
2:24
Mr Speaker uh the member seems to be
2:27
confused Governments don't uh build
2:29
offshore projects Private sector
2:31
proponents do When we pass the one when
2:34
we pass the one Canadian economy act we
2:37
will we will facilitate the private
2:40
sector to the honorable member So I
2:43
don't expect many jobs because is it
2:46
true that there are no bids placed in
2:48
offshore expiration lease in over two
2:50
years the honorable minister
2:55
Mr Speaker I don't know the answer to
2:57
that question Well member is it true
3:00
that there were numerous companies
3:01
considering expiration but once C49 was
3:04
tabled they pulled up their anchors and
3:05
pulled out the honorable minister Mr
3:08
Speaker what is true is that when we
3:10
pass the One Canadian Economy Act we
3:12
will bring certainty back to this
3:14
process and we will make it we will make
3:16
it possible for more drilling to happen
3:18
in the offshore of Newf Finland and
3:20
Labrador Will's minister plan to entice
3:24
investors when even the Liberal
3:26
government of Newfaland has major
3:28
concerns with section 1961
3:30
and 62 which triples the timeline and
3:33
adds impact assessment acts already
3:35
lengthly review Honorable minister
3:38
speaker uh in Saskatoon I was with the
3:41
the premier of Newfoundland and Labrador
3:43
and they were quite supportive of the
3:44
one Canadian uh economy act
3:48
So how does the minister plan to attract
3:50
these long-term investments with a 25-y
3:53
year cap on licenses in Bill C's 49 the
3:56
honorable minister Mr Speaker projects
4:00
of national interest will go through the
4:02
one Canadian economy act If they are in
4:04
the national interest they will get
4:05
approved We will build That's right
4:08
Member so you mentioned the sorry my
4:10
honorable colleague on the other side
4:12
mentioned uh the future So is it true
4:15
that by 2050 50% of our offshore will be
4:17
a marine protected area minister
4:22
Mr Speaker I can't predict what the uh
4:24
future offshore protected area will be
4:27
so I can't answer that question It's
4:28
already been announced Well it's been
4:30
announced that by 2030 there'll be 30%
4:33
and with expectations of 2050 to 50% Now
4:37
is it true that if the if an area is
4:39
becoming a marine protected area even in
4:42
the future the federal government has
4:43
the power to terminate that lease
4:46
honorable Minister Mr Speaker the
4:48
discussion around marine protected areas
4:50
I assume happened two days ago at the
4:52
discussion with the Minister of
4:54
Environment That question should have
4:55
been asked there
4:57
Question The honorable member Mr Chair I
4:59
think that this speaker should refer uh
5:01
I think that this honorable minister
5:03
should refer to clause 28 of that which
5:05
do have uh reference to the the 2050
5:09
powers because I think this is a very
5:10
powerful veto card that this government
5:13
does not foresee that this sort of power
5:15
will risk politicians Give the minister
5:17
a brief opportunity to respond The
5:19
honorable minister
5:21
Mr Speaker under the One Canadian
5:23
Economy Act we we will get major
5:27
projects built Uh we are interested in
5:30
making Canada a conventional and
5:33
renewable order Or order Time's now
5:36
expired for that uh that that section
#Energy & Utilities
#Oil & Gas
#Politics