Madam Speaker, in her speech, my colleague talked about the government's frivolous budget spending at a time when Canadians are paying a lot more for food and other consumer goods because of inflation.
One of those frivolous expenses is the carbon capture, utilization and storage investment tax credit. Alberta's major oil companies made record profits from 2022 to 2024, and 60% of those profits went to shareholders in the United States. Now, we are going to pay to produce net-zero oil, which is a total pipe dream.
Would my colleague go so far as to say that it is foolish to continue to financially support the greedy oil and gas industry in the budget?