Mr. Chair, I think the motion is rather self-explanatory. I would add that this meeting is scheduled to end at one o'clock. I'm moving this at the end of the meeting so as to minimize the disruption to the committee. You're welcome.
This motion speaks to the debate that's going on in the chamber today. This is an issue that is of interest to so many Canadians who are struggling with the cost of home heating. Unfortunately, my Conservative colleagues have put forward a motion that helps parts of the country but not other parts.
We very much want to address the serious affordability crisis that's facing Canadians right across the country in every province and territory. That is why taking the GST off home heating, something we have long advocated for since the time of Jack Layton, we believe, is a solid policy offering that should be endorsed by all parties.
Also, the Liberal government's decision last Friday to significantly sweeten the program for heat pumps for those Canadians who heat with heating oil is something that all Canadians deserve. They deserve cash up front, and they deserve an incentive that is adequate to account for the cost of switching from fossil fuel heat to heat pumps.
This motion speaks to all those things. How do we pay to put a heat pump in every home in Canada that currently heats with fossil fuel? We pay for that by putting an excess profit tax on the big oil and gas companies that continue to profit off fuelling the climate crisis.
In 2022, the profits of oil and gas companies in Canada were astounding, in the tens of billions of dollars. Even a small portion of that money would go a long way toward ensuring that low-income Canadians and modest-income Canadians could afford the cost of putting those miraculous units in their homes, cutting their greenhouse gas emissions and cutting their home heating expenses very significantly.
I will leave it at that. Thank you for your forbearance, Mr. Chair.
Thank you to our witnesses for bearing with me.