Madam Speaker, I very much agree with my hon. colleague that Canadians are experiencing a dramatic hardship due to the high cost of living, whether it is for food, housing, services or, as this motion speaks to, gas at the pumps. As the member said, we are facing record-high gas prices. The problem I see with this motion is that it would do nothing about the excessive profits being made by oil and gas companies. We know that companies such as Suncor just made net profits of $4.1 billion. Someone is profiting enormously from prices of gas at $2 per gallon.
Instead of doing this, would the member agree that we should impose a tax of 3% on profits over $1 billion, as the NDP has suggested, and redirect that revenue to everyday Canadians?