Mr. Speaker, Canada, as the hon. member knows, is committed to phasing out fossil fuel subsidies in the coming two years, and we have already phased out eight tax breaks for the fossil fuel sector. We have put in place an escalating pollution pricing system nationally for heavy-emitting industries through 2030 that provides the biggest emitters with the biggest incentives to reduce carbon pollution. We are working on a plan to cap oil and gas sector emissions and ensure the sector makes an achievable contribution to our climate goals.
In the House of Commons on March 28th, 2022. See this statement in context.