Madam Speaker, it was refreshing to hear the Conservatives finally identify that corporate greed is driving inflation when it comes to food prices. We saw Conservatives in Great Britain, for example, charge an excess profit tax on the outrageous amounts of excess profits on oil and gas.
Here in Canada we have excess profits on oil and gas, at the grocery store and at the big banks. We cannot even get Liberals in Canada to charge an excess profit tax. In fact, what I heard from my colleague is the need for improvement when it comes to competition in the Competition Act. I am hoping he will support our leader, who has tabled a bill that would ensure we have a comprehensive package to break apart monopolies and improve competition.
When he talked about the carbon tax, greedflation is about 20-fold the impact on grocery store prices compared to the carbon tax. Will my colleague support our leader's bill for the NDP and will he support an excess profit tax on these corporations?