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Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
  • Jun/7/22 4:09:42 p.m.
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Madam Speaker, the member is right that money does not grow on trees. In Canada, we do not even use paper. We use a polymer that based off oil, so there is a very fitting analogy there that oil does produce prosperity in this country. The member keeps talking about how somehow giving Canadians a break at the pumps will not actually help. We have a very clear and present example, and economists agree, of how definitively the tax cut offered by the Province of Alberta has led to two things. One, it has led to savings for Canadians at the pumps, and two, it has reduced inflation in the province of Alberta by a significant amount. When a proposal is brought forward that would actually help, and there is proof of it, why will they not support it?
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  • Jun/7/22 5:40:35 p.m.
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Mr. Speaker, I share the member for Hastings—Lennox and Addington's concerns about affordability. The carbon tax increase she mentions, though, is a total of 2.2¢ per litre, and it is supported by most economists as the most effective way to address the climate crisis. Meanwhile, CBC recently reported that wholesale margins, profits for oil and gas companies, have increased 18¢ a litre, while oil and gas companies are also posting record profits. Can the hon. member share why a tax on these windfall profits is not part of the Conservative motion to help get money back in the pockets of Canadians?
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  • Jun/7/22 5:54:41 p.m.
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Mr. Speaker, I have already asked one of her colleagues this question, but perhaps this member could answer it. I have previously spoken with several economists, including Bernard Landry, who was one of my mentors. We have already been in situations where we would have liked to eliminate the gas tax. As he explained, the problem with this approach is that there is no way of ensuring that what is being removed would not go into the pockets of the oil companies. We have no way of ensuring that that money would get to consumers. Could the member explain how she would make sure this happened, or what she would do to guarantee that the consumer was not the one left to pay again?
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