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Decentralized Democracy

House Hansard - 100

44th Parl. 1st Sess.
September 22, 2022 10:00AM
  • Sep/22/22 5:57:43 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I appreciated the member's focus on the excess profits of the oil and gas sector. I do not like using the term “excess profit” and I do not like using “windfall profit”. Let us be clear about what we are talking about: We are talking about immoral war profiteering. That is what we are seeing right now. If hon. members across the way want to laugh, let me refer to the business columnist in The Globe and Mail, Eric Reguly, who called this out in his August 8 column. He pointed out that the profits of oil and gas right now have nothing to do with business acumen and everything to do with war. I would ask my hon. colleague if he agrees with the Parliamentary Budget Officer that by doubling from 15% to 30%, the additional $8 billion coming into the Canadian economy and the government coffers could help us take care of the poorest of the poor.
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  • Sep/22/22 6:14:48 p.m.
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  • Re: Bill C-30 
Mr. Speaker, the member for Kingston and the Islands is right to give credit to the NDP for having pushed, prodded and pulled the government to put into place a series of measures that help Canadians. The GST credit, that rebate, is on average about $500 that will go to about 12 million Canadians. As well, there is dental care, which is reflected in the other NDP bill and would be put in place to help thousands of Canadian families. Of course, the rental supplement will help nearly two million Canadians. These are all measures the NDP and the member for Burnaby South fought for, and it is to the credit of the government that it allowed itself to be pushed, prodded and pulled in the right direction to do things that will actually benefit Canadians. My question is about other measures the NDP has talked about. For example, “greedflation”, which is the intense profiteering we have seen as inflation has risen, means we are of course seeing the cost of food go up, but profits for companies like Loblaws and Sobeys have increased far beyond the increase in the cost of food. Will the government take measures to cut back on this profiteering, which is hurting so many Canadians at this dire time?
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