Mr. Speaker, I have a couple of areas of concern with the motion. I also am a little more comfortable with a couple of areas of the motion.
The creation of a monitoring agency, the strengthening of the Competition Act and variations thereof are areas which I believe need improvement, particularly the independence of that.
The one point I find absolutely disturbing is the surtax on the profits of major oil companies. I look at the aerospace industry, for example Bombardier, which has had enormously good times. Should we automatically put a surtax on it? Should we put a surtax on the automotive industry when it goes through a good period? Should we put a surtax on our banking and financial industry? Should we put a surtax on our insurance industry? Should we put a surtax on our pharmaceutical industries?
Where do we all of a sudden draw the line and say that is the bogeyman? I do not think that is right. It is wrong to even suggest that we should start to be playing assassin, basically cutting the hand that feeds by killing the golden goose. It does not make any sense.
Should there be restrictions? Should there be levels of control? Absolutely. However, to take away from the incentive and the profitability and attack one particular industry sets a bad example of how a country's industry should be run. Could the member comment on that?