Discussion · Government Orders

Dan Muys Conservative

“Canada now gets the least private business investment among rich countries because of high taxes and rules. Other countries build big energy projects in months. Our new office for major projects has built nothing in nine months.”
Official Hansard

Mr. Speaker, my colleague from Lakeland is exactly right. Eleven years ago, we had the richest, most prosperous middle class in the world here in Canada, but we have moved a long way from that. Canada has the lowest private sector investment in our economy of all the OECD countries because of the regulatory and tax burden that is choking and chasing away investment. I would like the member to comment on the fact that it has been nine months since the Major Projects Office was approved in legislation, and zero shovels are in the ground, yet Germany built an LNG intake facility in 6.5 months, the Netherlands in six months and Finland in four months.

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