Madam Speaker, my colleague raises a good point.
She asked me whether I am concerned about so much money ending up in the oil companies' coffers. My answer is yes, absolutely. The government is taking our tax dollars and sending them to the oil companies.
Here are some figures on oil company profits in 2023.
Suncor made $2.8 billion in profits. Imperial Oil made $4.9 billion. Enbridge made $5.8 billion. Shell made $28 billion.
How could we not feel sorry for them? Those companies really need our money. I think we have the answer to that question.