QUESTION PERIOD — Natural Resources
Energy Sector
November 4, 2025
Government leader, welcome back. We have missed you the last couple of weeks.
At the Asian summit last week, Prime Minister Carney declared that Canada is “. . . an unabashed energy superpower . . . ,” and he urged Asian nations to look to us as a reliable trading partner for oil, gas and critical minerals.
Yet, under his government, Canada’s energy sector has been stifled by policies that choke investment, delay projects and drive capital elsewhere, including Bill C-48, Bill C-69 and the emissions cap and the carbon tax.
How does the Prime Minister go to an international forum, look world leaders in the eyes and call Canada an energy superpower when his own government has systematically undermined our energy sector and has continued to drive out foreign investment?
Thank you very much for your kind words. Just like you, I very much missed Question Period for the last two weeks.
Now to your question, Senator Housakos, the Prime Minister was in the Indo-Pacific, one of the fastest-growing regions in the world, to expand trade and investment opportunities for Canadians. The government also announced the launch of free trade agreements, or FTAs, with the Philippines and Thailand, and led it forward.
The numbers typically show that within six years of signing an FTA, trade doubles. That means more opportunities for Canadian workers here in Canada. The new government is laser-focused on opening markets, creating opportunities across the country and doubling the trade for non-U.S. exports.
The Prime Minister has committed himself to making Canada an energy superpower. You should wait for this afternoon’s budget to see whether or not he is delivering on that.
Government leader, the world wants what we have, and we have what the world wants. It’s not very complicated. What we actually need is a prime minister who is committed to unleashing the energy capacity of this country. If we don’t hear anything less than that the government is ready to repeal Bill C-48, repeal Bill C-69, get rid of the emissions cap and, fundamentally, once and for all, also get rid of the industrial carbon tax, that means the government’s not serious. Are you ready to do all those things today in the budget?
You are well aware that I’m not the one who will deliver the speech for the budget. The government wants to build and make Canada an energy superpower in both conventional and clean energy while reducing emissions. That’s the commitment of the government, and it has been repeated many times.
The government’s goal is to support nation-building projects that bring Canadians together by ensuring that they are efficiently reviewed. As the Prime Minister said, any project, whether it’s a pipeline or something else, will —
Thank you, Senator Moreau.
