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House Hansard - 245

44th Parl. 1st Sess.
November 2, 2023 10:00AM
Context: House Hansard - 245 - Nov/2/23
Mr. Mike Morrice (Kitchener Centre, GP)
  • Nov/2/23 11:41:09 a.m.
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Mr. Speaker, as we get into this debate again, I am seeing the same omission we always see, and I will note it is particularly from our Conservative colleagues. Yes, the price on pollution, the carbon tax, went up 2¢ a litre in the last year, but it is corporate profits of the oil and gas industry that went up 18¢ a litre. There is never a word about those. In fact, when we talk about inflation, 47¢ of every dollar of inflation is directly attributed to massive increases in corporate profits. If we are going to have an honest conversation in this place about addressing affordability for Canadians, we need to talk about where inflation is directly coming from. We have had a number of conversations over the past week on this topic. I would be curious to hear more from the member for Kings—Hants on his view on addressing this by putting in place a windfall profit tax on these excess profits of the oil and gas industry that are gouging Canadians at the pumps in the midst of a climate crisis.
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