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Decentralized Democracy

House Hansard - 245

44th Parl. 1st Sess.
November 2, 2023 10:00AM
  • Nov/2/23 1:34:11 p.m.
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Madam Speaker, it has been very disturbing to see that our oil and gas companies over the last few years, particularly during the years of the pandemic, have accumulated record profits, much of which went back to the U.S., and then have come back to Canada to ask for subsidies to decarbonize their production. What I would say to the member is that I agree this is something we should look at. I am very disappointed with our oil and gas companies for not stepping up and doing their share.
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  • Nov/2/23 3:02:31 p.m.
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Mr. Speaker, I thank my colleague for her question. I would remind her that over 900,000 businesses have been saved by our government. If we had not stepped in, these companies would have been shuttered. Today, we are offering a second loan repayment extension. We are offering more flexibility to refinance and have the loan forgiven. We will continue to be there for businesses.
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