Mr. Speaker, keeping track of the tens of billions of dollars the government gives to big oil's gamble on carbon capture is near impossible. However, for proven solutions such as public transit, there are no new funds until after the next election, which is a fraction of what carbon capture gets, and transit operations will not even be eligible. We could add $4 billion for public transit tomorrow by taxing the excess profits of the oil and gas industry.
When will the government put in place an excess profit tax on the oil and gas industry and put it towards reducing fares and improving service on public transit?