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Decentralized Democracy

House Hansard - 67

44th Parl. 1st Sess.
May 9, 2022 11:00AM
  • May/9/22 2:47:18 p.m.
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Mr. Speaker, unfortunately, when it comes to delivering help to oil and gas companies, the government is far better at that than it is at delivering help for women who are looking for health services. While the price of gas soars, Imperial Oil is making its highest profit in 30 years, and Cenovus saw its profits increase sevenfold. This is not just about companies passing along higher costs to consumers; it is about them taking home more profit on every litre sold. Not only are the Liberals not doing anything to stop that price gouging, but they are also continuing to throw public money at companies like these that are already taking advantage of Canadians. When are they going to end public subsidies to oil and gas companies that are already making record profits?
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  • May/9/22 2:48:03 p.m.
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Mr. Speaker, as the hon. member knows very well, the government has committed to phasing out inefficient fossil fuel subsidies. We are in the process of working through that now. We have been working, though, with all sectors of the economy, including the oil and gas sector, but also including the steel sector, the aluminum sector and others, to ensure that they are able to reduce their emissions in line with what is required to achieve our targets and achieve the commitments we have made to the international community while growing a strong and healthy economy that creates jobs and economic opportunity for Canadians going forward. That is exactly what we are doing.
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