Discussion · Government Orders
Gabriel Ste-Marie Bloc Québécois
“The government gave oil companies $10 billion in subsidies last year and paused environmental laws for them. These companies are making record profits and sending that money to American shareholders. I want to know if my colleague thinks the government is doing too much for the oil industry.”
“Mr. Speaker, does my colleague think that the government is doing too much for the oil industry? The industry got $10 billion in subsidies last year. The government is rolling out the red carpet for oil and gas and suspending environmental regulations and laws. Meanwhile, globally, oil prices are through the roof, yet production costs here have not gone up. As a result, oil companies are generating record profits that are essentially going straight to shareholders, most of whom are in the United States. Does my colleague think that the government is doing the right thing when it comes to oil companies?”
Official Hansard
Mr. Speaker, does my colleague think that the government is doing too much for the oil industry? The industry got $10 billion in subsidies last year. The government is rolling out the red carpet for oil and gas and suspending environmental regulations and laws. Meanwhile, globally, oil prices are through the roof, yet production costs here have not gone up. As a result, oil companies are generating record profits that are essentially going straight to shareholders, most of whom are in the United States. Does my colleague think that the government is doing the right thing when it comes to oil companies?