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House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
Context: House Hansard - 83 - Jun/7/22
Mr. Mario Simard (Jonquière, BQ)
  • Jun/7/22 10:31:36 a.m.
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Mr. Speaker, I read in the Journal de Québec this morning that Suncor's profits are basically set to triple from $4 billion to $11 billion for the coming year. The same is true for Imperial, which will have profits of $6.2 billion. As we know, Boris Johnson's government has imposed a 25% tax on oil companies' profits. Earlier, I heard my colleague say not to vote for the Conservatives, but to vote for Canadians. I think she said that wrong. What she should have said was do not vote for the Conservatives, vote for the oil companies. Does my colleague agree with me?
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Context: House Hansard - 83 - Jun/7/22
Mr. Mario Simard (Jonquière, BQ)
  • Jun/7/22 11:18:42 a.m.
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Mr. Speaker, earlier, I pointed out to my Conservative colleagues that it was rather shameful to ask the government to lift the GST on gas, particularly since oil companies are making record profits right now. Big oil companies are the ones robbing the middle class of what little wealth it had managed to accumulate. I am wondering whether my colleague is aware that the government is supporting oil companies. That is another shameful fact. Think of the $2.6 billion the budget allocates to carbon capture strategies. Does my colleague agree that that is shameful, given what the greedy oil companies are up to?
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Context: House Hansard - 83 - Jun/7/22
Mr. Mario Simard (Jonquière, BQ)
  • Jun/7/22 1:06:23 p.m.
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Madam Speaker, I agree with my colleague. Carbon pricing is certainly a worthwhile way to fight climate change. However, given what we have learned today and what I read in Le Journal de Montréal on the huge profits that oil companies like Suncor will be making—to the tune of almost triple the profits—I think the Conservatives' proposal is shameful. I also think it is shameful that the government is still agreeing to provide funding for carbon capture strategies and has allocated $2.6 billion in the budget for that. It is going to be you, me and all Quebec and Canadian taxpayers who will be paying for oil companies to produce net-zero oil, which many people feel is completely outrageous. Does the member agree with me that we need to put an end to oil and gas subsidies as quickly as possible?
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