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House Hansard - 82

44th Parl. 1st Sess.
June 6, 2022 11:00AM
  • Jun/6/22 2:24:44 p.m.
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Mr. Speaker, as my hon. colleague knows, President Putin's illegal invasion of Ukraine has driven up gas prices around the world. While Canada's energy supply remains secure, we are working with our international allies to preserve energy value chains and to actually reduce pricing globally. Here in Canada, we have asked the Competition Bureau to monitor the situation to ensure there is no illegal collusion. We are certainly working to ensure we are enhancing affordability through various programs the government has put into place and we are working internationally to stabilize global energy prices.
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  • Jun/6/22 2:25:55 p.m.
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Mr. Speaker, as my hon. colleague is fully aware, the illegal invasion of Ukraine has driven up gas prices around the world. Canada is working with international partners to address the issues around energy security and pricing with respect to hydrocarbon fuels. In fact, we have committed to increasing oil and gas production by— Some hon. members: Oh, oh!
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  • Jun/6/22 2:26:31 p.m.
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Thank you, Mr. Speaker. l appreciate that. Certainly we continue to be focused with our international partners on working to stabilize global energy prices. We have increased production and are in the process of increasing production and supply of 300,000 barrels a day by the end of the year to help to address the global crisis with respect to energy. Here, with respect to affordability, we are doing enormous work through a range of different programs to put money back in the pockets—
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  • Jun/6/22 2:35:57 p.m.
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Mr. Speaker, certainly, the issue of energy security and energy affordability are top of mind for Canadians and for people in many countries around the world. We are working in partnership with the United States, Europe and others to ensure that we are increasing production to address the supply issue that is confronting the world right now. We are doing so in a manner that will help us to stabilize energy prices for the long term. That is the commitment we have made to Canadians, and it is a commitment we are going to deliver on.
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