Mr. Speaker, we share the Conservative Party's views on the budget tabled by the Liberal Party, particularly the fact that there is a lot of waste, as we are now facing a generational deficit of $78 billion.
I want to thank my colleague for her speech, and I would like to ask her whether she agrees with me on the following point.
Among other things, this budget extends tax credits for the oil and gas industry until 2040. Before this budget was tabled, the tax credits were scheduled to end in 2035. Support for the oil and gas industry, which does not need it, was already costing the public treasury and taxpayers $83 billion. With this extension, the collective cost will rise to $100 billion in tax credits for the industry.
Does my colleague agree that this is a prime example of wasteful spending of public funds?