Madam Speaker, my colleague began his speech by talking about the importance of balancing the budget and cutting the government's unnecessary spending.
Bill C‑69 includes a nice oil subsidy for so-called green hydrogen. It is a tax credit of 15% to 40%. Last year, the federal deficit was about $40 billion. The subsidies and tax credits for oil companies totalled about $30 billion. We could reduce the federal deficit by 75% in one fell swoop.
Is that not something interesting for my colleague to think about?