NDP party leader Jagmeet Singh and Nanaimo-Ladysmith NDP candidate Bob Chamberlin chat briefly before an event on May 3 at the White Rabbit Café, where the two talked about the party’s affordable housing plan. (Nicholas Pescod/NEWS BULLETIN)

NDP say fossil fuel subsidies can be better spent on housing

Savings would be used to fund affordable housing plan, said Jagmeet Singh this week in Nanaimo

The New Democratic Party is promising to end federal subsidies to oil and gas companies and use the savings to fund affordable housing and green energy projects nationwide.

During an event at White Rabbit Café on Friday morning, NDP leader Jagmeet Singh and Nanaimo-Ladysmith byelection candidate Bob Chamberlin outlined more details about their party’s plan around affordable housing.

Singh told the crowd of supporters the party would eliminate federal subsidies to oil and gas companies, explaining that those cuts would result in savings of at least $1.6 billion annually, money the NDP would use to pay their affordable housing plan and other initiatives such as building infrastructure for alternative energy sources.

Chamberlin said the federal government shouldn’t be subsiding an industry that continues to pollute and destroy the environment, adding that the savings from those cuts will be put to better use.

“Those are part of the savings that we are envisioning bringing in to build the infrastructure for alternative energy, build housing that is affordable for every Canadian so our children, who are entering the workforce saddled with massive student debts, are not also going to be facing the loss of opportunity to own a home,” he said.

RELATED: NDP say affordable housing ‘fundamental’ to their campaign

Although the election on May 6 is simply a byelection for the Nanaimo-Ladysmith riding, candidates and parties have been campaigning on a much broader scale, gearing up for the scheduled general election that will take place in October.

“[Liberals] keep on choosing to help the most powerful, the people who are at the top rather than the people who need help. So they are letting people down,” Singh said. “And we know Conservatives aren’t going to help people. They’ve caused a lot of the problems that we are facing right now.”

Singh said over the past three decades, the federal government has “neglected” to invest in affordable housing, later adding that the NDP believe it is the federal government’s responsibility to create affordable housing.

“This is a massive national crisis it is gripping this entire country,” he said.

Meanwhile, Chamberlin said NDP will work with local and provincial governments to deal with “zoning issues” to ensure their affordable housing plan is realized in Nanaimo-Ladysmith.

During a media question period, Singh said the subsidies are at least $1.6 billion but are likely higher because there is “such a complex regime” of subsidies and exemptions offered by the federal government.

“It could be in the multi-billions of dollars that are going to the fossil fuel sector and we would immediately end all those subsidies,” he said.

RELATED: Nanaimo-Ladysmith byelection candidates present their priorities

RELATED: Nanaimo-Ladysmith candidates quizzed at south-end debate

RELATED: Nanaimo-Ladysmith candidates talk environment, economy and governance

Like us on Facebook and follow us on Twitter and Instagram


Just Posted

Christmas morning burglar sentenced in Nanaimo

Justin Redmond Feusse, 20, sentenced to 240 days in jail for Christmas day break-and-enter

Woman rescued from Nanaimo’s East Wellington bluffs

Evening hike turns into overnight ordeal for Nanaimo woman who lost her way as darkness fell

Chesapeake Shores filming in downtown Nanaimo

Cast and crew close to wrapping up shooting on Season 4 of Hallmark Channel TV series

Bastion Street bridge closed for construction work

Span connecting downtown to Old City Quarter closed to vehicle traffic for six weeks

Governor General’s Award-winning author launches her new book

Wendy Phillips’s ‘Baggage’ is told in experimental ‘free verse’ style

Bastion Street bridge closed for construction work

Span connecting downtown to Old City Quarter closed to vehicle traffic for six weeks

So, do you know ‘Dave from Vancouver Island’?

Ontario man searching for fellow he travelled with in Europe 50 years ago

Toddler seriously injured after falling from Okanagan balcony

RCMP are investigating after a two-year-old boy fell from the balcony of an apartment in Kelowna

Cost jumps 35% for Trans-Canada Highway widening in B.C.

Revelstoke-area stretch first awarded under new union deal

Is vegan food a human right? Ontario firefighter battling B.C. blaze argues it is

Adam Knauff says he had to go hungry some days because there was no vegan food

Winds helping in battle against fire threatening northern Alberta town

Nearly 5,000 people have cleared out of High Level and nearby First Nation

B.C. sends 267 firefighters to help battle Alberta wildfires

Out of control fires have forced evacuations in the province

LETTER: Fletcher ‘blurs reality’ on B.C. union public construction

Bridge, highway projects awarded to companies, not unions

Most Read