Madam Speaker, Norway has $1.9 trillion in its sovereign wealth fund. It earned over $200 billion last year in dividends alone. That equates to about $340,000 per citizen. Alberta's heritage fund looks like it is making sure that nurses and teachers are not getting the fair wages they deserve. It attacks their private health care system.
Last year, Imperial Oil earned $5 billion, and it laid off 900 staff. We have the lowest corporate tax rate in the G7. The member talked about the G7.
Does he think things need to change and that the government needs to rein in corporate greed and rein in provinces that do not take care of their employees and workers, at a time when there are companies posting record profits and not even taking care of abandoned wells? We know that over $1 billion is needed to repair those wells right now.