Thank you very much, Mr. Chair, and thank you to our witnesses for helping guide our committee through this study.
I think I would like to start my line of questioning with the Canadian Taxpayers Federation. I want to expand a little on Ms. Taylor Roy's last number of points.
One of our witnesses in a previous panel was Jim Stanford, who provided our committee with some helpful graphs. I know your position on carbon pricing. I think that's no secret to anyone who has read your briefs on this. However, he was presenting data that showed that since 2019, oil and gas extraction has seen its net profits go up by over 1000%. Petroleum refining has seen its profits, since 2019, go up by 40%.
I understand your position on carbon pricing, but do you not think it's a bit of a disservice to Canadians if you're focusing only on carbon pricing and not talking about how those other net profits, those massive increases, are also affecting our farmers and what families are paying at the pump? Do you not owe it to Canadians to maybe broaden your narrative to talk a little more wholeheartedly about some of those other factors and how they're causing families a lot of pain at the pump and at the grocery store?