Business of Supply  Madam Speaker, it is the first time I have used that word in the House. I was wondering if it was a usable word in the House or a three-letter word that disguised a four-letter word. Thank you for the clarification. Yes, the information being fomented by Oil Change International is a lie.

Business of Supply  Madam Speaker, I appreciate being able to get up and speak to the motion the NDP has put forward. However, as I was drafting my speech, I had to ask myself where I could start here today. When I look at the motion, in the preamble it says, “(i) Canadians are paying almost $2 per litre of gas at the pump,” which is true.

Business of Supply  Madam Speaker, I thank my colleague in the NDP for putting forward this motion, and I appreciate the subsidiary of the Liberal Party actually putting forward a motion we can address here in the House of Commons. I would like to ask the member about some of the numbers. She talked about $8.6 billion being provided by the government in subsidies, yet there is no tangibility of that $8.6 billion actually flowing through the government's accounts.

The Economy  Mr. Speaker, Europe has cancelled fuel taxes, amounting to over 20 billion euros. In contrast, the government has decided to gauge $2 billion more in fuel taxes from Canadians. The Minister of Finance says that inflation is a global phenomenon, but when her government has a tool to curb one of inflation's main causes, she sits on her hands.

Points of Order  Mr. Speaker, misleading the House is a serious matter, and the member for Kitchener Centre continues to mislead this House on environmental matters. I have the report from the Parliamentary Budget Officer, and I do know that he has not indicated that the Trans Mountain pipeline is not economically viable.

Natural Resources  Mr. Speaker, yesterday, in a strong and clear decision, Alberta's highest court ruled that the job-killing Bill C-69 is an ugly power grab. In her ruling, Alberta's justice stated, “History teaches that government by central command rarely works...[and] Canada...by deliberate choice, is a federation, not a unitary state.”

Natural Resources  Mr. Speaker, special interest activists south of Canada's border are intending to go around existing legal processes to shut down Enbridge Line 5. Line 5 supplies 540,000 barrels of oil per day and fuels the economies of Ontario and Quebec. It is governed by the terms of the transit pipelines treaty between Canada and the United States, yet the Prime Minister says he is not interested in enforcing the terms of this treaty.

Natural Resources  Mr. Speaker, energy security is what we need, but this pipeline has seen repeated attempts to shut it down. Last year, the government filed its brief with the U.S. court on a different attempt to shut down Line 5. Now it is pretending that there is no Canadian interest at stake in losing 540,000 barrels per day of critical energy delivery.

Economic and Fiscal Update Implementation Act, 2021  Mr. Speaker, I quite agree with my colleague from Drummond. Inflation is a problem in the Canadian economy. Inflation is caused by price increases and other factors, but the economy is also partially to blame for inflation. Consider the lumber shortage, for example. Lumber prices skyrocketed last summer, increasing by nearly four times.

Economic and Fiscal Update Implementation Act, 2021  Mr. Speaker, I remember reading an article from a well-known Canadian years ago that said the source of the money being brought into Canada does not matter: If it is dirty elsewhere, once it gets to Canada it will be fine. That is completely absurd, and a well-known Canadian wrote that.

Economic and Fiscal Update Implementation Act, 2021  Mr. Speaker, I really appreciate my colleague's admiration of Stephen Harper and his government's admiration of Stephen Harper's policies. The first-time homebuyer program is a bit of a copy of the tax-free savings account, a great savings instrument for Canadians. I know the Liberals copied that to have something called the first-time homebuyer program, which would be great if people had money to put into another savings account while they are saving for a mortgage at the same time.

Economic and Fiscal Update Implementation Act, 2021  Madam Speaker, it is my pleasure to rise today to speak to Bill C-8 at report stage. Bill C-8 has been a bit of a baby on our side over here. I actually helped shepherd this through when it was first introduced in the House, and we looked at it at finance committee for some time.

The Budget  Mr. Speaker, I would like to thank my colleague for his question. I agree with him. He is right in saying that we are not spending much money on international financial aid. Now there is a war on in Ukraine, and I think the government has said that it will give $500 million. That is a small share of the financial aid for the rest of the world.

The Budget  Mr. Speaker, the financialization of housing is an issue, of course, across the country, but we do have investors who invest in housing. I have read that 30% of the housing stock in Canada is actually owned by investors. These are not necessarily large investors, which is what people think of when they think about the financialization of the housing market.

The Budget  Mr. Speaker, we must be dealing with two different sets of data. I appreciate that the member is writing his own press release here. In fact, the debt-to-GDP ratio in this country is much different from how the government explains it, because we do not include the provincial debt.