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Member of the National Security and Intelligence Committee of Parliamentarians

Don Davies

  • Member of Parliament
  • Member of the National Security and Intelligence Committee of Parliamentarians
  • NDP
  • Vancouver Kingsway
  • British Columbia
  • Voting Attendance: 59%
  • Expenses Last Quarter: $153,893.57

  • Government Page
Context: House Hansard - 155 - Feb/7/23
Mr. Don Davies (Vancouver Kingsway, NDP)
  • Feb/7/23 5:20:58 p.m.
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Madam Speaker, at a time when the planet has to reduce its carbon emissions, oil companies are making record profits. Canadian oil and gas companies are forecasted to make a record-breaking $147 billion in 2022 alone. I want to read a short quote from UN Secretary-General António Guterres. He said the fossil fuel industry is “feasting on...subsidies and windfall profits while households' budgets shrink and our planet burns.” He said that we need to hold the industry and its enablers to account. He said, “I am calling on all developed economies to tax the windfall profits of fossil fuel companies.” New Democrats believe we should be doing that. I wonder if my hon. colleague agrees.
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Context: House Hansard - 155 - Feb/7/23
Mr. Don Davies (Vancouver Kingsway, NDP)
  • Feb/7/23 4:19:59 p.m.
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Madam Speaker, New Democrats support putting a price on pollution, but the Liberals' carbon pricing system lets big polluters off the hook. Under their output-based pricing system, Canada's biggest polluters pay the lowest carbon tax rate. These loopholes mean that oil and gas companies only pay a tiny fraction of the cost of their pollution. Of their emissions, 80% to 90% are exempt. For instance, Suncor only pays about one-fourteenth of the full carbon price, and we on this side think loopholes need to be closed so that the oil and gas sector pays what it owes. Does my hon. colleague not agree that these loopholes need to be closed so that the oil and gas industry pay their fair share? Does he think it is also time for hard caps to be introduced on the oil and gas sector so that we can make sure we meet the carbon emission targets we have committed to internationally?
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