Mr. Speaker, instead of treating the oil companies to tax cuts, the government could index the guaranteed income supplement in order to help seniors who truly need it. Tax credits will only help the oil companies increase their already obscene profits. Shell alone will save $59 million; Imperial Oil, $107 million; and Talisman Energy, $80 million.
Will the government acknowledge that in its last economic statement, it chose to help oil companies over seniors who are living below the poverty line? The government should be ashamed of itself.