Mr. Chair, oil companies are set to make some $90 billion in profits this year as a result of the attack on Iran.
Why will the government not tax those excess profits?
In the House of Commons on May 26th, 2026. See this statement in context.
In the House of Commons on May 26th, 2026. See this statement in context.
Department of Finance—Main Estimates, 2026-27Business of SupplyGovernment Orders
NDP
Don Davies NDP Vancouver Kingsway, BC
Mr. Chair, oil companies are set to make some $90 billion in profits this year as a result of the attack on Iran.
Why will the government not tax those excess profits?
See context to find out what was said next.