SoVote

Decentralized Democracy

House Hansard - 103

44th Parl. 1st Sess.
September 27, 2022 10:00AM
  • Sep/27/22 11:35:33 a.m.
  • Watch
Madam Speaker, corporate profits are rising twice as fast as inflation while wages are rising only half as fast. Oil companies are making record profits and their CEOs are making millions of dollars in bonuses. Oil and gas made $147 billion this year. Imperial Oil made $2.4 billion. When workers are hurting, big oil and gas companies are making profit. I hear the Conservatives clapping at that. On the backs of workers, big CEOs are making record profits. We hear them clap. Does the hon. member side with the New Democrats in providing an excess profit tax on oil and gas companies for profits over $1 billion in order to reinvest money in solutions that make life fairer and more affordable for families, or does the Bloc take the Conservatives' side with big corporate CEOs?
136 words
  • Hear!
  • Rabble!
  • star_border
  • Sep/27/22 2:50:26 p.m.
  • Watch
Mr. Speaker, if the Liberals agree, they just need to do it and have the guts to take on big oil. The cost of groceries is skyrocketing. CEOs are raking in record profits and lining their pockets. Last year, the head of Sobeys earned over $8 million. Instead of raising employees' wages or lowering prices, he took away their bonuses. The nerve. The NDP wants to see a parliamentary committee look into how corporate greed is driving up the cost of groceries. Does the government think it is okay for wealthy CEOs to pad their pockets by making families in Quebec and Canada empty theirs?
106 words
  • Hear!
  • Rabble!
  • star_border