Madam Speaker, when I invest in something, usually it is to try to renovate my home, so it lasts longer. I want added value. I want to see a return. In the case of my home, the return is that it lasts longer.
For the last 50 years, we have made massive investments in oil and gas companies and oil and gas development without seeing a percentage of the profits, other than what is received through taxes. This is without any commitment from the companies to clean up.
Now, we have companies making billions of dollars in profit. These are profits like they have never seen before. Would it not be much better for the entire population if the oil companies, which make money on the backs of workers, consumers and the government—which invests heavily in the industry—were taxed on their profits?