Ms. Joseph, let's consider the majority of people. Back home, in Saguenay‑Lac‑Saint‑Jean, I am telling my constituents that oil companies don't want to settle for a 50% tax credit and that they want a 75% tax credit.
When I look at those companies' profits, I note, for example, that MEG Energy has seen its profits increase by 68% over the past year. Imperial Oil will make additional profits of $1.2 billion in the upcoming year. The same goes for Canadian Natural Resources. Its profits have nearly doubled, and it will rake in $3.1 billion. Despite that, the federal government is being asked to foot the bill for carbon capture strategies.
The expression “just transition” contains the word “just”. I think this situation is deeply unjust for other sectors.
Do you agree with me?