Madam Speaker, the member spent most of his speech shamelessly shilling for the corporations. He tried to convince Canadians that the corporations get by on a razor thin profit margin and struggle along with their oil and gas industry. I guess if one is trying to sell tickets to dinners at $25,000 per table one would pretty well have to butter up the executives of the oil companies. Who else would spend $25,000 to attend a Reform Party dinner?
Let us look at the actual facts. Let us look at some of the profits of these major oil companies, many of which I am sure are in the riding the member represents. Husky Energy in the last quarter made profits of $198 million, an increase of 2,302% over the previous year, and the hon. member is telling us they are not making a profit.
Let us look at Petro-Canada with $439 million in the last quarter with an increase over the previous year of 314%. Suncor Energy made a $619 million profit in a quarter, not per year, which is an increase of 156% over one year previously.
The hon. member is telling us that they are not gouging us at the pumps with profit margins like that. It is beyond credibility. Canadians do not believe it. Nobody buys it except for the guy wearing rose coloured glasses who is speaking for the corporations and trying to be a champion and an apologist to the oil companies. It is really grating for me to sit here and listen.