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House Hansard - 310

44th Parl. 1st Sess.
May 7, 2024 10:00AM
Context: House Hansard - 310 - May/7/24
Ms. Andréanne Larouche (Shefford, BQ)
  • May/7/24 5:37:34 p.m.
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Mr. Speaker, my colleague talked at length about the importance of helping the people who really need help. Does my colleague think that the oil companies need help? This budget clearly contains a new subsidy for oil companies in the form of a tax credit, supposedly for “clean” hydrogen. The amount of the tax credit varies from 15% to 40%, depending on the carbon intensity of the hydrogen produced. Does she think that oil companies need a new subsidy? Do they really need help?
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Context: House Hansard - 310 - May/7/24
Ms. Rachel Blaney
  • May/7/24 5:38:10 p.m.
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Mr. Speaker, the member has a really important question. I do not think the oil patch needs more support right now. We know for a fact that the industry is making more money than it has in the last 30 years. The cost at the pump is directly linked to profits going to people in those companies and their shareholders. Working people are not getting the benefit. The government needs to take accountability for that and make sure that the people who are working hard to get the resources get the money, instead of our money, as taxpayers, going to make the lives of the shareholders easier.
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