Mr. Speaker, I want to show my appreciation as well for my colleague who brought out many good issues in her speech.
I was interested in her comments about the oil companies. Imperial Oil posted a record profit last year of $3.5 billion. If we actually examine the nature of the corporate tax cuts that have taken place only this year, we find that they give Imperial Oil an extra $100 million in its pocket. That is what the Conservative government has put into the pocket of Imperial Oil this year, an extra $100 million. In 2012 if the record profits continue, that would amount to about $300 million.
When we examine those types of monies that are made from Canadian resources that represent a deficit in the resource base of the country being exploited by companies to make a profit, how does this match up with the effort made for the single mother with a child in this country?