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Decentralized Democracy

House Hansard - 123

44th Parl. 1st Sess.
November 2, 2022 02:00PM
Context: House Hansard - 123 - Nov/2/22
Mr. Jagmeet Singh (Burnaby South, NDP)
  • Nov/2/22 2:55:42 p.m.
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Mr. Speaker, Canadian families are struggling with the rising costs of energy, whether it is putting gas in their cars or paying for their home heating. All the while, the oil and gas companies are raking in record profits, something the Biden administration is referring to as war profiteering. Frankly, it is. What is the Liberal government's response? It is to put even more public money in the pockets of these highly profitable companies. When will the Prime Minister take a stand, protect workers, make these wealthy companies pay what they owe on their windfall profits and invest that into helping Canadians pay their energy bills?
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Context: House Hansard - 123 - Nov/2/22
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • Nov/2/22 2:56:21 p.m.
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Mr. Speaker, by putting a price on pollution right across the country that puts more money in the pockets of families in jurisdictions where it applies, we are sending clear price signals to industry and to the private sector that they have to invest more in decarbonization. This is something we are focusing on, ensuring that these record profits from the oil and gas industry go into investing in decarbonization, go into CCUS technology to decarbonize, and are invested in better opportunities and jobs for the future while we fight climate change across the country.
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Context: House Hansard - 123 - Nov/2/22
Mr. Mike Morrice (Kitchener Centre, GP)
  • Nov/2/22 3:18:14 p.m.
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Mr. Speaker, in the midst of a climate emergency, oil and gas companies are sacrificing our kids' future for their corporate greed. In the past nine months, Imperial Oil made $6.2 billion in profit, almost four times more than last year. We cannot expect the arsonists to put out this fire. On the eave of the 27th annual global climate negotiations, will the Prime Minister finally eliminate subsidies to oil and gas companies and replace them with a windfall tax on their excess profits?
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