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House Hansard - 230

44th Parl. 1st Sess.
October 5, 2023 10:00AM
  • Oct/5/23 11:24:36 a.m.
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  • Re: Bill C-56 
Madam Speaker, the Governor of the Bank of Canada said the impact of the carbon tax is 0.15% of inflation. However, we look at oil and gas companies, which are having record profits; these big grocery stores are having record profits; and the big banks are having record profits. We can look at other countries, like Britain, where the Conservatives are in government, by the way; they have an excess profits tax on oil and gas. We cannot even get Liberals in Canada to do that; never mind Conservatives. We do not need lobbyists for oil and gas here on the Hill because the Conservatives are the lobbyists for oil and gas and that is the truth. It is a diversion. The reality is that we need an excess profits tax on these industries that are runaway, causing inflation and really harming Canadians every day with the costs that are being downloaded on them. We really need to have an honest conversation and not this diversion method of deterrence.
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  • Oct/5/23 12:40:39 p.m.
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  • Re: Bill C-56 
Madam Speaker, I could not agree with my hon. colleague more. I really liked what he said earlier in this debate when he referred to the Conservative Party's focus on the carbon tax as a diversion tactic. They are ultimately trying to cover up for and be these huge lobbyists for the oil and gas companies that receive those extreme profits, which we need to put excess taxes on.
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