Madam Speaker, I thank my colleague for his speech.
We agree to some extent on the analysis of the cost-of-living situation and the fact that things are tough for people, but unfortunately, we get yet another unsuitable Conservative response. We in the NDP have a crazy idea: We think we should go look for the money where it is. This year, the big Canadian banks made record profits of $77.7 billion. That is a 39% increase over last year. It is indecent, when people are suffering and are having a hard time paying for groceries and rent.
Does my colleague not think it would be a good idea if we increased taxes on companies that make billions in profits on our backs and used that money to invest in people?