SoVote

Decentralized Democracy

Caucus Chair

Alistair MacGregor

  • Member of Parliament
  • Caucus Chair
  • NDP
  • Cowichan—Malahat—Langford
  • British Columbia
  • Voting Attendance: 66%
  • Expenses Last Quarter: $140,733.69

  • Government Page
Context: House Hansard - 261 - Dec/4/23
Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)
  • Dec/4/23 7:56:53 p.m.
  • Watch
Mr. Speaker, I have been looking at some of the financial information from the oil and gas sector. There is very clear evidence that it has now shifted to a capital discipline, flat growth and high shareholder return strategy. In fact, most of the obscene profits right now are going into stock buybacks and dividend payouts, often to foreign investors. If we want to talk about capital that is fleeing the country, it is the obscene profits from oil and gas companies that are leaving the country and not being reinvested in Canada. The reason Wayne Gretzky was such a good hockey player is that he always went to where the puck was going to be. Why can the Conservatives not see this? Why, every time they are in this House, do they stand up for their corporate buddies instead of the workers who are in those industries, who want to make this transition and have the jobs that are going to be prevalent in a 21st-century economy?
169 words
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