44th Parl. 1st Sess.

March 19, 2024 10:00AM

Context: House Hansard - 291 - Mar/19/24

Mr. Denis Trudel (Longueuil—Saint-Hubert, BQ)

Mar/19/24 10:44:35 a.m.
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Mr. Speaker, for us, today really feels like Groundhog Day. It seems like every time there is a Conservative opposition day, it is always about the carbon tax. There are plenty of momentous issues we could be talking about this morning, but we are still talking about the carbon tax. It is so ridiculous. My Conservative friends and colleagues often talk about the government's inflationary spending. According to the International Monetary Fund, in 2022, the government gave the oil industry $50 billion in direct and indirect spending. Keep in mind that in 2022, the five biggest oil companies made a combined $200 billion in profits. This is in addition to the fact that the Liberal budget plans to spend $80 billion on tax credits for oil companies by 2035. That is not counting the $34 billion that Trans Mountain is going to cost. Does my colleague think that all this spending is inflationary spending, yes or no?

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House Hansard - 291