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Decentralized Democracy

House Hansard - 207

44th Parl. 1st Sess.
June 6, 2023 10:00AM
Context: House Hansard - 207 - Jun/6/23
Mr. Larry Maguire
  • Jun/6/23 8:29:35 p.m.
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  • Re: Bill C-47 
Mr. Speaker, there are several things one could say about my colleague's great question. One is that he knows in British Columbia there were something like 15 LNG projects that could have been built when the Prime Minister came into power, and not one of them has ever been completed. Those dollars could have been used for what natural resources have been used for in this country, and that is to build the coffers of the federal government to make those transfers in education and health care back to the provinces so that we can all have the same level of health care across the whole country. The other thing is that the profits from those companies are being used to make those transfers, but the member knows full well that the government has stymied the development of those industries with Bill C-69. If we want to talk about percentages of profit increases, we are talking about $40 barrels of oil a number of years ago that are now $80 a barrel. There is a doubling right there. It is very hard to compare percentages when we have a product that has doubled in price over the last five years.
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