Mr. Speaker, the Liberal government paid $4.5 billion for an old pipeline. The Liberals said they would make money on the deal, but today, the Parliamentary Budget Officer reported that Canada is actually losing money on the operation of the pipeline, giving oil companies a break worth billions. Economist Robyn Allan has shown that the tolls Canada charges on the pipeline cover only one-third of the actual cost.
Instead of giving oil companies billions of dollars in subsidies, why do the Liberals not use that money now to invest in a low-carbon economy?