Madam Speaker, last fall, I stood in the House and I asked a Liberal member if it was not time to eliminate fossil fuels. He said yes, in 2023, it is all going to stop, fossil fuels will no longer be subsidized. That is a promise that the Liberals made.
Unfortunately, in the budget, that is not the case at all. All sorts of direct and indirect assistance is still be provided for fossil fuels to companies that are already making astronomical profits. In 2022, Exxon Mobil made $56 billion in profits, Shell made $40 billion, adjusted to $36 billion, Chevron made $36 billion and BP made $27 billion.
There is a housing shortage in Canada, yet we continue to send billions of dollars to billionaire companies. I do not know what my colleague thinks about that.