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House Hansard - 70

44th Parl. 1st Sess.
May 12, 2022 10:00AM
  • May/12/22 2:30:38 p.m.
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Mr. Speaker, the Parliamentary Budget Officer last year found that the Canadian government was giving massive tax exemptions to oil and gas companies, to the tune of $2.3 billion. A year later, those very same companies are posting massive profits while gouging Canadians at the pumps. It is clear the government continues to take the side of oil and gas companies, and it is hurting people. Will the government finally stop giving away these massive tax exemptions to profitable oil and gas companies and instead be on the side of people and help them out?
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  • May/12/22 2:31:56 p.m.
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Mr. Speaker, it is pretty bizarre to end fossil fuel subsidies by increasing them by billions of dollars. I do not get that. The Liberal government gave the oil companies massive exemptions, worth nearly $2.3 billion. These same companies have made massive profits this year, and they continue to squeeze people at the pumps. Why does the government continue to help large corporations that make massive profits instead of putting an end to these massive exemptions and putting the money back into people's pockets?
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