Madam Speaker, we have listened to our Conservative friends talk about inflation and January's tax increase, but we cannot take their “triple, triple, triple” chant any more. We would like them to find something new to say. However, they are right that costs will triple and that that will have consequences for people. That much is true.
Let us talk about climate change. The current carbon tax rate is pretty much ineffective. We are the laughingstock of COP27. Canada is ranked 58th out of 60 countries. It is the only G7 country where emissions have increased since 2015, the year the Liberals came to power. We have to take action on climate change.
At COP27, we heard that if we do nothing, the cost to African nations in particular will be atrocious. If we do not pay now, we will pay even more later.
What is the solution, according to my Conservative friends?