Mr. Speaker, my colleague talked at length about the importance of helping the people who really need help. Does my colleague think that the oil companies need help?
This budget clearly contains a new subsidy for oil companies in the form of a tax credit, supposedly for “clean” hydrogen. The amount of the tax credit varies from 15% to 40%, depending on the carbon intensity of the hydrogen produced.
Does she think that oil companies need a new subsidy? Do they really need help?