Mr. Speaker, once again we are getting a lesson that does not follow economics 101. There is no doubt that profits for oil and gas have gone up, but that is because the policy of the government, with its NDP coalition, has been to restrict supply and ensure that demand is ahead of supply. We need to bring more hydrocarbons to market to bring down prices at the same time as we cut the carbon tax to give consumers and families a break. That is how we break the vice grip of inflation. It is not by contraction and pain. It is by growth, hope and opportunity.
In the House of Commons on February 14th, 2023. See this statement in context.