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Decentralized Democracy

House Hansard - 109

44th Parl. 1st Sess.
October 6, 2022 10:00AM
  • Oct/6/22 2:31:47 p.m.
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Mr. Speaker, he should have said “thanks to the NDP” that these measures are in place to actually help Canadians, but there are just pretty words from the Prime Minister when it comes to helping Canadians through this “greedflation” crisis. The CEOs of big grocery stores are bragging about their massive profits on the backs of families. The Empire CEO bragged “we improved them”, and he is $8 million richer. Galen Weston of Loblaws is proud of achieving strong top-line growth. He has $5 million more. These CEOs line their pockets while families struggle to feed their kids. When will the Liberals act to stop this profiteering and stop this corporate greed?
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  • Oct/6/22 4:32:41 p.m.
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Madam Speaker, I am very pleased to have a chance to rise and ask a question of my colleague from Longueuil—Charles-LeMoyne. I have not had a chance to take the floor today. It is difficult when the rounds are 10 minutes and five minutes for questions. I want to put on the record that I plan to vote for this motion and I am grateful that it has been put forward. I am particularly concerned with an aspect that, as the member for Timmins—James Bay noted, is not mentioned, which is a real driver of inflation, and that is the war profiteering of the big oil and gas companies. Their profits are entirely due to Putin invading Ukraine, and they are astonishing. The big five, ExxonMobil, BP, Chevron, Shell and Total S.A., in one quarter, the second quarter of this year, made $55 billion U.S. As Eric Reguly with The Globe and Mail noted, it is not as if they showed any business acumen to get this money. They got it because of war. Does my hon. colleague know if her government is prepared to put a tax, as recommended by the UN Secretary-General, on these excess war profits and distribute that money to the people who need it?
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