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Decentralized Democracy

House Hansard - 168

44th Parl. 1st Sess.
March 10, 2023 10:00AM
  • Mar/10/23 11:26:39 a.m.
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Madam Speaker, Joe Biden has just announced that he will eliminate $31 billion in subsidies and special tax treatments for the big polluters, yet Canada continues to give out billions of dollars every year to profitable oil and gas companies. Big oil is watching this coming budget for more giveaways, handouts and subsidies for things such as carbon capture. These companies are making record profits. They are giving out huge payouts to shareholders and massive bonuses to their CEOs while gouging Canadians at the pumps. Why will the Liberals not just show some courage and commit in the upcoming budget to eliminating the billions of dollars in tax breaks for big oil?
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  • Mar/10/23 11:27:21 a.m.
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Madam Speaker, I agree with the hon. member that we need to go further and faster on emissions reductions. That is why we are capping emissions from the oil and gas sector, implementing a clean fuel standard, and investing in carbon capture and storage. We will be exporting that technology around the world, and we are also phasing out inefficient fossil fuel subsidies. We have phased out eight, and we are on our way to phasing out the rest by the end of the year.
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  • Mar/10/23 12:06:35 p.m.
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Madam Speaker, this we know: for nine months, the Kearl mine leaked toxic effluent on the lands and waters of the Athabasca Chipewyan First Nation. This we know: in that time, Imperial continued to lobby for more subsidies from Canada while failing to inform the Athabasca Chipewyan people. Our prisons are overrepresented with indigenous people, which means they are under-represented with corporate criminals, like the CEO of Imperial Oil. When will the government stop subsidizing big oil and get tough on corporate crime?
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