Madam Speaker, absolutely there are costs to move us off this habit and this dependency. That is why as New Democrats, we have put forth the Kyoto plan and costed it out. We have encouraged not only in terms of the front ending that we have to do but how it is integrated into our economy, so that we are actually going to be doing the production, manufacturing and the assembly of all of those new technologies that we seem to be losing out to other jurisdictions and countries that are being more progressive.
If it is a question of resources. The parliamentary secretary should understand that I do not think his constituents or mine believe that this industry deserves another corporate tax cut because that is what it is going to get under this administration. The industry has record profits. The total tally is $51.9 billion in corporate profits as reported by StatsCan and 75% of the increase in profits in the first quarter came because of the soaring oil prices. Therefore, it is getting a benefit right now. It is doing quite well frankly. On top of that, the industry is getting grants of $1.4 billion in corporate tax cuts and that is not acceptable.
That money and resources need to be transferred to those types of systems of energy production that are cleaner and more sustainable. It will reduce our pollution, reduce our health care costs, and put Canadians into factories across the country who will pay taxes to the government because they have a good job. That is what we need to do.