Madam Speaker, in the midst of a climate crisis, the oil and gas industry raked in $38 billion in pure profit in 2022 by gouging Canadians at the pumps, fuelling inflation. Despite claims of fairness in this year's budget, we learned this week that big oil's lobbyists convinced this government to shelve an excess profit tax on these record-breaking profits, which could have generated $4.2 billion to help make life more affordable for regular Canadians.
Can anyone in this government justify to Canadians what is fair about this?