
Liberals see a need for speed on major projects bill. Critics warn that's risky
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Liberals are attempting to bulldoze their mega projects bill through Parliament, according to critics who say the legislation interferes with Indigenous rights, environmental protection and democracy itself.
The government's One Canadian Economy Act is generating controversy inside and outside the House of Commons, with some arguing it confers king-like powers to rush projects deemed in the national interest to completion.
The Liberals say the bill is intended to fast-track major projects as Canada faces the urgency of a disruptive Donald Trump presidency.
"We have a trade war that is affecting sector after sector after sector. Canadian jobs are at risk. Canadians' livelihoods are at risk and, quite frankly, the prosperity of the country is at risk," said Tim Hodgson, the natural resources and energy minister, at a news conference Thursday.
"We need to do things that we have not done in a long time, in time frames we have not done since the end of World War II."
What's in the bill?
The One Canadian Economy Act, or Bill C-5, will create a list of major nation-building projects.
After a designated project is added to the list, the government will publish a document outlining all the conditions that builders must follow.
A single designated minister — likely Dominic LeBlanc in this government — would be responsible for listing the projects and issuing the conditions document.
"For far too long major projects, whether energy transmission lines, critical mineral developments, pipelines or clean technology projects, have been stalled by assessments, challenges and overlapping and duplicative regulations," said Leblanc on Friday during a procedural debate in the House Friday.
What gets on the list?
The prime minister has provided examples of projects that could be included on the list based on recommendations from Canada's premiers. Ports, mines, renewable energy and oil and gas pipelines could make the list, he said.
The legislation offers the following criteria:
Strengthening Canada's autonomy, resilience and security.
Providing economic or other benefits to Canada.
Having a high likelihood of successful execution.
Advancing the interests of Indigenous Peoples.
Contributing to clean growth and to meeting Canada's climate objectives.
The legislation gives the government broad discretion to apply all or none of these criteria, which worries Conservatives who still seem generally supportive of the bill.
"These concepts are broad enough that any interpretation or any argument could be made about each factor either way for each project," said Shannon Stubbs, the Conservative critic for energy and natural resources, during debate on the bill on Friday.
'Leap before you look' assessments
Some academics are concerned about what happens if the bill's broad powers to speed up projects aren't used carefully.
"That could be good for the economy if it is used wisely," said University of Ottawa law and economics professor Stewart Elgie. "But it could be bad for the environment if it is used poorly."
For major infrastructure and development projects on the list, such as hydroelectric dams, ports and large-scale mines, the bill removes the Impact Assessment Agency of Canada's authority to limit them.
But it does place limits on the minister's ability to fast-track cross-border pipelines and nuclear reactors. It states the minister cannot issue the approval document until both the Canadian Nuclear Safety Commission and the Canada Energy Regulator are "satisfied that issuing the document will not compromise the health or safety of persons."
However, the bill suggests the power of all federal regulators and departments is constrained, as it states that every opinion and decision formed about a project once listed must be "in favour of permitting the project to be carried out in whole or in part."
This creates what some academics are calling a "leap before you look" approach that turns the federal environmental review's informed decision-making "on its head."
Henry VIII clauses
Those same researchers also note that a legislative tool — Henry VIII clauses, named after the autocratic King Henry VIII of England — are tucked into the bill.
WATCH | PM Mark Carney says 'more will be done' on energy:
Carney says 'more will be done' on energy, but conversation isn't all about pipelines
17 days ago
Duration 3:52
Asked by CBC's Power & Politics host David Cochrane about the separatist sentiment in Alberta, Prime Minister Mark Carney says his government is 'committed' to working with Canadians across the country.
Proposed legislation grants the Carney government, or future governments, the authority to exempt pipelines, mines or other listed projects from any law or government regulation.
Near the very end of the 18-page bill, it states that cabinet can exempt national-interest projects from not only environmental laws but also acts of Parliament.
"The combined effect of Sections 21, 22 and 23 gives cabinet an unconstrained ability to make regulations that not only alter the application of other federal regulations … but also to alter the operation of virtually all laws duly passed by Parliament, including outright exemption," as noted in a post co-authored by University of Calgary law professors David Wright and Martin Olszynski.
What about Indigenous rights?
The proposed law commits to consulting with provincial and territorial governments, as well as Indigenous Peoples, before a project is listed and a conditions document is issued or altered.
Indigenous Services Minister Mandy Gull-Masty on Thursday told reporters that the bill does not "do away with impact assessments" and there are "multiple points" where First Nations and other groups can bring forward their concerns.
"The prime minister has been clear: these projects will be selected if the communities wish to participate," she said.
Nevertheless, a national Indigenous group has raised concerns about a lack of consultation on the bill itself and what that could mean for the prospect of ongoing consultation.
"Unfortunately, the government provided First Nations only seven days to respond to an outline of the bill and did not provide the full text (a consultative draft) in advance," the national chief of the Assembly of First Nations, Cindy Woodhouse Nepinak, said in a statement.
Likely Conservative backing
Conservatives have signalled that they are open to backing the bill, proposing some changes during the House of Commons debate.
Stubbs said the party would like to see it go further and faster while calling for a repeal of regulations like the Trudeau-era law that banned the oil tankers from ports or marine installations along British Columbia's north coast.
"Canadians deserve a government that backs them. Not a government that blocks them," Stubbs said.
However, with C-5's broad powers to sidestep existing laws for approved projects, the tanker ban could be overriden without repealing anything.
The Bloc Québécois has said the bill, in theory, could exempt a company building a major project from a range of laws, including the Labour Code, Criminal Code and language laws.
The party is calling for more scrutiny of the bill.
"How could we go forward with such a huge bill, with huge consequences for Quebec and Canada, without at least doing what we have been elected to do — and that means studying effectively this bill in committee," Bloc Leader Yves-François Blanchet said.
Concerns over bad-faith use
The Liberals intend to send the bill to committee for two days of study before hoping to get it passed on Friday.
Green Party Leader Elizabeth May takes issue with what she calls an "abbreviated bulldozer time frame."
At least one Liberal is calling for changes to the bill, which is supposed to terminate in five years.
Vancouver MP Patrick Weiler wants the government to shorten the bill's five-year sunset clause, which he noted would go beyond Trump's term and "at least one more federal election."
"We need to consider how this legislation could be used in bad faith by a future government," he said.
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CALGARY, AB , Dec. 31, 2024 /CNW/ - CanadaBis Capital (the "Company" or "CanadaBis Capital") (TSXV: CANB.V) a premium cannabis and concentrates producer, is pleased to announce its First Quarter Fiscal 2025 financial results for the three month period ending October 31, 2024 . "Our Brands continue to deliver products that are in demand, and our dedication towards our quality continue to prove our strength in the market.", said Travis McIntyre , CEO of CanadaBis. "While we continue to focus on profitability, we are delighted to be able to post yet another record quarter of revenue. Our product launch momentum also continues to accelerate with Multiple new products launched this quarter. We exit Q1 F2025 with our most aggressive and innovate pipeline of new products in the Company's history. Financial Highlights The Company realized its Record gross revenue of $9.6 million for October 31, 2024 , and 7% higher than the same corresponding period of 2023. The Company achieved positive net income of $321,569 for the three months ended October 31, 2024 . The Company continues to market its Resin Infused Pre-rolls, Shatter Infused Pre-rolls, Resin Infused Flower, along with Moonrocks (Moonrocks are whole flower, coated in resin and rolled in kief). The Company was able to maintain sales of its newest product line, Super Slim Cigarette Style Pre-Rolls, the Electric Dartz. These new products were packaged in 10 packs 0.4 grams per roll both infused and non infused. Adjusted EBITDA also showed positive earnings with $675,892 for the three months Stigma Grow's deep innovation sales pipeline is showcased by the consistent launch of new SKU's and new products driven by customer demand. The Company sold over 570,000 units of combined concentrate and dry flower for the three months ended October 31, 2024 , a 4% increase compared to the 550,000 units sold over the corresponding period in 2024. The Company continues to manage its input expenses through negotiation with multiple suppliers to save costs while increasing concentrate yields. The Company is in the process of shipping its first international sales to Europe . The expectation is that this would be the next significant phase of the Company's mission in growth and new geographic area of existing revenue stream for Cultivation and Wholesale. Stigma Grow also continues to re-formulate its concentrate lines to meet current clients' demands to maintain larger terpene and cannabinoid profiles across the lineup. Negotiations with other Cannabis Cultivators are ongoing by the Company which has allowed significant reduction in costs, a trend that is expected to continue through 2025 as more Cultivators reposition themselves in the industry The Company announced the launch of the latest addition to the Dab Bods brand lineup – a groundbreaking 60%+ double-infused pre-roll. This new offering sets a new benchmark for THC potency in the Canadian market. Dab bods Brand continues to grow with the demand across Cananda and is will be launching 2 new exciting products in the DAB N DIPS and the CANADAS 1st DAB N GO both products will revolutionize the way cannabis is consumed by offering discreet usage. QUARTERLY HIGHLIGHTS • Adjusted EBITDA is a Non-GAAP performance measure. Refer to "Cautionary Statement Regarding Certain Non-GAAP Performance Measures" for further details. Presenting Adjusted EBITDA only for the three and six months ended October 31, 2024. EBITDA calculation shown by entity to present the breakdown of each entity. General Overall gross revenues for the period ended October 31, 2024 increased to $9.6 million from $9.0 million in the corresponding period of 2024. 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In the short-term, this relates primarily with respect to our butane hydrocarbon (BHO) extraction process. Management continues to explore various concentrate products to diversify it offer to the market by formulating new products to meet demand. About CanadaBis Capital Inc. CanadaBis Capital Inc. ( TSXV:CANB ) is a vertically integrated Canadian cannabis company focused on achieving large-scale growth in the global cannabis market – with specific attention paid to supplying the fast-emerging concentrates category through their Stigma Grow cultivation and BHO extraction facility. Subsidiaries: Stigma Pharmaceuticals Inc. – 100% held; 1998643 Alberta Ltd. (operating as "Stigma Grow") - 100% held; include cultivation and wholesale, extraction and tolling Full Spectrum Labs Ltd. (operating as "Stigma Roots") - 100% held; 2103157 Alberta Ltd. (operating as "INDICAtive Collection") -100% held; the retail operation, and Goldstream Cannabis Inc. - 95% held. 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The Company calculates Adjusted EBITDA as net income (loss) and comprehensive income (loss) excluding changes in fair value of biological assets, change in fair value of biological assets realized through inventory sold, depreciation and amortization expense, share-based payments, and finance costs. REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include but are not limited to statements with respect to our business and operations; timing of the Sundial products coming to market; the demand and market for live-resin vape cartridges, and our general business plans. 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