← LEADERSHIP TERMINAL

HOUSE OF COMMONS · FORMER

Don Davies

Vancouver Kingsway, British Columbia · NDP · Canada

IN THEIR OWN WORDS

Mr. Speaker, New Democrats have raised the alarm on surveillance pricing, an invasive and unfair scheme that gouges Canadians. We called on the Liberals to follow the Manitoba NDP government, which moved swiftly to ban this insidious practice.

SITTING 137 · 2026-06-15 · READ IN HANSARD

Mr. Speaker, I rise today to mark Philippine Independence Day and to celebrate Filipino Heritage Month across Canada. I was honoured to join many friends in the Filipino Canadian community for the annual flag raising ceremony at Filipino Plaza in the heart of Vancouver Kingsway.

SITTING 135 · 2026-06-11 · READ IN HANSARD

Mr. Speaker, New Democrats have been advocating for a Filipino cultural centre in metro Vancouver for many years. Our persistence resulted in the federal budget committing to fund this much-needed community resource. After the Lapu-Lapu tragedy, this centre is needed now more than ever.

SITTING 135 · 2026-06-11 · READ IN HANSARD

Yes, Mr. Speaker, this is going to take a multi-jurisdictional approach. The member is quite right that the provinces have a role to play, but the federal government regulates banks and the banking sector. One of my children has a disability, and every January or February I make a contribution to her RDSP.

SITTING 131 · 2026-06-07 · READ IN HANSARD

They replied that he signed off on the wire transfers that stated if he was being coached into cryptocurrency he shouldn't go through with it—none of the wire transfers use that type of language.

SITTING 131 · 2026-06-07 · READ IN HANSARD

The amendments also sought to make decisions of the Ombudsman for Banking Services and Investments binding. These measures were recommended by advocacy organizations, including Option consommateurs and Democracy Watch, which argued that without mandatory audits, transparency, and accountability mechanisms, existing anti-fraud rules would…

SITTING 131 · 2026-06-07 · READ IN HANSARD

The complete record

Every one of 260 lines we hold for Don Davies, in date order, each linked to its source. Free to read, in full, without an account. Page 2 of 6.

  1. When extraordinary windfall profits are generated by crisis-driven price spikes, the public has a right to recoup a fair share of those gains rather than allowing them to be fully privatized. They have a right to expect that their governments will protect them from what is called “war profiteering”. We have done this before. During both world wars, the Canadian government used excess profit measures to ensure that wartime windfalls were redirected toward the public good and the national effort, not captured by private interests. More recently, during the COVID pandemic, the Liberal government itself imposed an excise profits tax on major banks, recognizing that extraordinary gains during a national crisis should not simply remain as private profit.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  2. Yet, Conservatives want to hand these same corporations another tax break with no mechanism that is guaranteed to ensure that consumers benefit, and the Liberals consistently refuse to bring in a windfall profits tax on the oil and gas companies and use those funds to provide real relief to Canadians who desperately need it. There is no question that Canadians need relief. The real question is this: How do we make sure that relief reaches working people instead of padding corporate balance sheets? Rather than writing a blank cheque to oil giants, the government should look at measures to cap prices at the pump, crack down on profiteering and ensure that savings are actually passed on to consumers. Other countries, and Canada itself in past moments of crisis, have recognized this basic principle.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  3. Certainly, there was nothing in the Liberals' measure to stop them from doing that. As I have said already, the proof is in the pudding. Prices have gone up since the Liberals said their measure would take prices down. While Canadians struggle with affordability, oil and gas giants are positioned to capture massive windfall gains. We are going to see some $90 billion in profits for Canadian oil companies this year. They were slated to make $30 billion in profits this year but are now expecting an additional $60 billion in profits as a result of the U.S.-Israeli war on Iran.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  4. The result of the Liberals' removing the excise tax since April 20 is that, so far, prices have gone up. Not a single consumer in Canada has benefited from the Liberal move, and this was predicted by New Democrats at the very time this excise tax reduction was put in place. This experience demonstrates a key point. When underlying market prices are driven by speculation and price gouging, tax cuts do not reliably translate into lower prices at the pump. That is one of the key flaws of the Conservative motion here today, which seeks to do that even more so. Instead, the benefit of the reduction in excise tax can be absorbed into higher margins in an already highly profitable sector. I have no doubt that oil companies have already absorbed at least a portion of that 10¢ excise tax reduction.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  5. It simply reduces government revenue while leaving the same pricing system in place. Savings will not be passed on to consumers; rather, they will be absorbed into higher corporate profit margins. What I have just said is not just theory. We have already seen this approach fail to lower prices for Canadians in real time recently. The Liberal government temporarily suspended the fuel excise tax on April 20 at a cost of approximately $2.4 billion, claiming it would reduce gas prices by 10¢ per litre. Instead, prices have continued to increase while oil and gas giants continue to post record profits. (1650) When the suspension came into effect, the national average gas price was 169.1¢ per litre. Today, the national average price is $1.83 per litre. In Vancouver, where I live, a litre of gas is now routinely over two dollars.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  6. The truth is that traders respond to geopolitical developments and anticipated risks by bidding up prices based on expectations of disruption. These financial signals can move prices at the pump even when nothing at all has been changed in the real supply of fuel. This is also why the Conservatives' call to simply get out of the way and further deregulate the sector would not stabilize prices. In fact, it would do the opposite. It would tie Canadians even more directly to volatile global markets, where speculation and shocks are immediately passed through to consumers, rather than strengthening any insulation from them. Tax cuts and deregulation will never solve this problem. If underlying market prices are being driven up by speculation and price gouging, removing taxes does not stop that dynamic.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  7. The gasoline that Canadians buy today was refined weeks ago from oil produced months ago, often at much lower costs, yet prices at the pump can rise quickly in response to global events and market expectations, long before any real change in physical supply or production costs occurs. Canada produces far more oil than we consume. Three-quarters of our production is exported. Of the modest volumes imported into eastern Canada, almost none comes through the Persian Gulf. In other words, there is no energy supply shock in Canada. The cost of producing and refining gas has not changed at all in this country, yet Canadian consumers are being hammered at the pumps. That is because a significant driver of price movement is speculation in global oil markets.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  8. However, I do think that the Conservatives are proposing an ineffective measure that amounts to a corporate giveaway, with no guarantee that any savings will actually reach consumers, which also sets back environmental progress even more than is already the case under the current Liberal government. Conservatives want Canadians to believe that this is simply about taxes and regulation, but the evidence tells a different story. Gas prices are not set principally by tax levels or even basic supply and demand. They are shaped by global oil markets, financial speculation and the pricing power of a highly concentrated industry.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  9. This is in a G7 country that my colleagues on the Liberal side of the House call an energy superpower, where 25% of parents cannot get enough food to eat because they are worried about their children. I also agree very much that Canadians need immediate relief from this affordability crisis. I further agree that after 11 years of Liberal government, at a certain point, we have to ask ourselves who is responsible for the current situation and who is accountable for the policy decisions that have gotten us in this position. They did not just happen. It is not only a cause of external factors, but a result of 11 years of misguided policies and lack of action by the Liberal government on the very basic foundations of affordability, which have caused so many Canadians to be struggling today.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  10. Mr. Speaker, it is an honour to follow my hon. colleague from Saanich—Gulf Islands . I will be picking up some of the same themes she articulated so well. There are a few things about this motion that I want to agree with and thank my Conservative colleagues for pointing out. First of all, across this country, people are being stretched to the breaking point, and this motion is predicated on that acknowledgement. The cost of essentials, from groceries to rent and energy, continues to soar. Half of Canadians are living paycheque to paycheque. That is a fact I mention often in this place because I think it is profound. I want to emphasize that. Half of Canadians are two paycheques away from economic disaster. One in four parents is cutting back on food or skipping meals to feed their children.

    SITTING 122 · 2026-05-25 · READ IN HANSARD

  11. Mr. Speaker, the Liberals' privatization agenda is disturbing and dangerous. They are planning to sell off Canada's ports and airports, strategic assets that will end up in the hands of foreign buyers, compromising our security. When Heathrow was privatized in the U.K., it resulted in Saudi Arabia, Qatar and China controlling major stakes in that airport. Passengers paid more and services declined. Will the Prime Minister commit to keeping Canada's ports and airports in public hands, or will he sell our sovereignty to the highest bidder?

    SITTING 119 · 2026-05-06 · READ IN HANSARD

  12. Mr. Speaker, legal experts just confirmed what New Democrats have been warning for months: Alberta's private health care law violates the Canada Health Act. Danielle Smith's two-tier scheme lets wealthy patients pay to jump the line, while everyone else waits longer. This breaks a core principle of public health care: access must be based on need, not ability to pay. Upholding this value is the federal government's job, but the Liberals have refused to do it. Why is the Prime Minister doing nothing while Conservatives dismantle public health care?

    SITTING 118 · 2026-05-05 · READ IN HANSARD

  13. Apparently only the New Democrat and Green members of the House are people who would take the wealth of this country and build our Canadian health care system, expanding it so Canadians would get coverage not only for hospital and physician care but also for mental health care, eye care, ear care, pharmacare and dental care. We are going to keep fighting for that. However, the Liberals have done us a favour, through their fall budget and the spring economic update, by showing Canadians what they really believe in. When the Liberals do not have a minority government and other parliamentarians forcing them to do progressive things, they show us who they really are, and the government is showing us what it is. It is a right-wing, conservative government that does not believe in things like public health care.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  14. It is what the House of Commons Standing Committee on Health found. It is what the Senate committee has found. It is what the committee that was struck by the government and Dr. Eric Hoskins found. Dr. Hoskins is the former Liberal health minister of Ontario. The committee found that by making sure every Canadian has their medication, we would keep Canadians healthier and save money. It has been estimated that it would save $500 to $600 per person per year. If someone has a catastrophic illness, it would be far more than that.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  15. Mr. Speaker, this gives me a chance to correct the record and to agree with my hon. colleague, the leader of the Green Party. Yes, the Green Party is a staunch advocate for public pharmacare. I want to thank her and her party for that principled position. Pharmacare is not just a moral imperative. We New Democrats believe that every Canadian should be able to get the medicine they need when they need it, regardless of the size of their bank account. This is simply an extension of the fundamental principle of our medicare system, and it is also economically smart. Study after study, seven of them in a row, has found that if we bring in universal public pharmacare in this country, we will save anywhere from $4 billion to $14 billion a year and cover every single Canadian. It is not just me saying that.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  16. They chose not to. They have put tens and tens of billions of dollars into military spending, so if they want to find the money, they can. Politics is about choices. The Liberals had a choice to make. They could have honoured their word, honoured the Canada Pharmacare Act, honoured their 30-year commitment to public pharmacare and put some money in to make pharmacare a reality across this country, but they chose not to. That is why New Democrats are needed in this place. We are the only party that consistently stands up to protect, defend, sustain and expand public pharmacare, which we will do in the House until every Canadian can get the health care they need from head to toe.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  17. However, what is more disturbing to me is the way the Liberal government, which is governing as a conservative party, has adopted, with slightly nicer language and perhaps less severe vocabulary, the same policies. Let us take pharmacare as an example. The government negotiated with us and signed a bill into law called the Pharmacare Act, which obligates the government to negotiate pharmacare agreements with every single province and territory in our Confederation. Again, I will repeat that the Liberals insisted that we call it national pharmacare, but they have stalled at regional pharmacare. They refuse to sign anymore pharmacare agreements with any provinces and territories. All they had to do was put a few billion dollars into this budget, and they could have signed agreements with every remaining province and territory.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  18. Mr. Speaker, this gives me an opportunity to thank my hon. colleague from Edmonton Strathcona, who has been such a powerful voice for equity and for defending things such as public health care, which is under great threat from the Conservatives in Alberta. We can actually see what would happen if the federal Conservatives were to ever get power in this place. We can see what they would do by looking to places like Alberta, where there is a constant attack on the public delivery of health care and a constant push for privatization, and we know where that ends. That means that people with means and wealthy people will always get the health care they want and the rest of people, those who cannot afford it, will suffer. This is what Conservative approaches to health care mean.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  19. With their vaunted official opposition last Parliament, they cannot point to a single thing, not one, that they delivered for Canadians. What I will say concerning the support of the Liberals is that it was not the NDP that voted for the government's throne speech. That was the Conservatives. It was not the NDP that voted for Bill C-2 and Bill C-5 and helped the government pass major economic programs in the House. It was the Conservatives who voted with the Liberals. There is only one coalition that I see in the House, which is the far-right Conservative Party sitting to my right and the progressive conservative party I see across the aisle.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  20. Mr. Speaker, my hon. colleague talks about what the NDP did last Parliament. I think we stand in this place, and in our communities, with great pride. With the caucus of 2025, we brought in dental care to nine million Canadians. In the House, the NDP brought pharmacare to over 10 million Canadians and established the first public delivery of diabetes and contraceptive medications. There are people today in this country who are walking into pharmacies and walking out with their diabetes meds, using only their health care card, because of what the NDP did in the House. The NDP also brought an anti-scab law to this place, finally protecting workers who risk violence on the picket line. I cannot point to a single accomplishment of the Conservatives.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  21. That is the path New Democrats will continue to fight for. It is the path we will work on collaboratively with the government, should it choose to pursue it, because Canadians deserve nothing less.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  22. Instead, it has delivered an update that is out of step with the reality most Canadians are living. That is the central issue. While we debate in this chamber, Canadians are making impossible choices. They are skipping meals. They are delaying care. They are taking on debt just to survive. Canadians are not asking for miracles. They are asking for fairness. They are asking for leadership. They are asking for a government that is on their side. This moment calls for courage. It calls for a willingness to challenge the status quo and to build an economy that finally works for everyone. This economic update, unfortunately, does not meet this moment. However, it is not too late to choose a different path, a path that puts people first, a path that builds a fairer, stronger and more resilient Canada.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  23. Now we are hearing endless sloganeering from the finance minister . Slogans do not put food on the table, and slogans are not a substitute for strong public programs. Canadians deserve a government that understands the scale of the challenges they face and responds with the urgency those challenges demand. Canadians deserve fairness. They deserve security. They deserve hope. The New Democratic Party put forward clear priorities for this economic update: ban surveillance pricing; implement a windfall profits tax on oil and gas giants; enforce the Canada Health Act against privatization; strengthen public health care, including pharmacare and dental care; and take real action on affordability. These are practical measures that would make a real difference in people's lives. The government chose not to act in those ways.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  24. We need investments in non-market housing, clean energy, transportation and public services that create jobs and build resilience. We need to strengthen the east-west connections and reduce our dependence on an increasingly unreliable U.S. We need a vision for Canada that is bold, inclusive and forward-looking. That is not what the economic update delivers. The pattern is clear. On affordability, the government falls short. On inequality, the government falls short. On housing, the government falls short. On jobs and public services, the government falls short. On health care, the government falls short. On the broader vision that Canadians need, it falls short. Canadians deserve better than slogans and self-congratulations. We heard the Conservatives practise nursery rhyme politics.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  25. That is precisely when governments must step up, yet there is not nearly enough in this update for indigenous people, for real action on the climate crisis, to support our public servants, who deliver critical services for Canadians, or to invest in peace building and peacekeeping. Instead, the Liberal government has chosen to put its blind faith in the market to solve our current challenges. New Democrats see a different path. We understand that our country faces deep structural problems that cannot be solved through the profit motive and the private sector alone. Ensuring that everyone has a roof over their head, a world-class education and high-quality health care can only be done by the government using collective power and exercising public enterprise.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  26. To compare that to last year, we experienced two quarters of growth and two of recession. (1815) If I did not know any better, I would say that the government is pulling the old Paul Martin trick: overestimate, pad numbers and claim victory when they come in better. In fact, that would be amusing, if the real pain of an economy that is not serving working people was not so devastating. This brings me to the broader question of nation building. At key moments in our history, Canada has chosen to build, to invest in public services and infrastructure that connects us, strengthens us and prepares us for the future. New Democrats say that today should be one of those moments. We face economic uncertainty, yes. We face external threats, yes. We face internal inequality and declining affordability.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  27. As Joe Biden said, “don't tell me what you value, show me your budget, and I will tell you what you value.” Nothing speaks louder about this Liberal government's lack of commitment to dental care than the fact that they are allowing it to wither on the line, not properly funding it, as soon as the New Democrats are not there to make them do it. If I might, there is also an issue of accuracy in budgeting and budget integrity raised by this update. This government is projecting a deficit difference of $11 billion from projections it made just five months ago. Despite a 2026 that is shaping up to be just as volatile, just as uncertain, just as affected by tariffs and Trump and increasingly affected by global disorder as 2025, this update claims Canada will face four smooth quarters of 2% growth.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  28. As we all know, costs go up every year, and the CDCP is no different. Any government truly committed to the long-term viability of dental care would ensure that both the income threshold to qualify and the fee guide to properly compensate oral health professionals went up by at least the rate of inflation. The fact that the Liberals have ignored that completely, not adding a penny to the fee guide or to the income threshold, speaks volumes to their lack of commitment to this important public health initiative spearheaded by the NDP. We all hear Liberals stand up in this place and in public claiming to take credit for dental care, when we all know the NDP forced them to bring it in.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  29. Even more troubling, we have also recently learned from P.E.I.'s health minister that the Liberal government will allow existing agreements to expire in 2029, dismantling pharmacare before it is even fully realized. This economic update does not even include pharmacare in its list of affordability measures alongside dental care and other programs like child care. This economic update claims that the government is protecting essential social programs, but that simply is not true. The Liberals committed to national pharmacare, which the NDP forced to be delivered publicly. Betraying that pledge is politically immoral. It is a democratic offence, and the Liberals ought to be ashamed of themselves. Speaking of what is politically immoral, this update provides no increase whatsoever to the Canadian dental care plan.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  30. The Prime Minister committed to signing agreements for free contraception and diabetes medications with all outstanding provinces and territories, in his words, “quickly and equitably”. Liberals insisted on calling it “national pharmacare” when New Democrats, of course, meant public pharmacare. After being in power a year, the Liberals have not signed one agreement with a single province or territory, leaving only B.C., Manitoba, P.E.I. and the Yukon territory with deals in place. That is not national. In fact, Newfoundland and Labrador's health minister just revealed that the federal government has now closed the door on negotiating a pharmacare program with their province. We hear the same thing from the Government of Nova Scotia.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  31. (1810) Health care is another area where the government is failing to meet the moment. Canadians are deeply proud of our public health care system. In fact, as we face threats from south of the border, from Mr. Trump, public health care is one of those strong national Canadian institutions that has helped bind us together and create Canadian pride in the face of that threat to our sovereignty. However, our health care system, as we all know, is under strain. It has been facing staff shortages, long wait times and growing privatization. Now instead of strengthening it, the Liberal government is stepping back. During the last election, the Prime Minister and, I would bet, every single person elected on the Liberal side of the House promised Canadians that they would protect and expand pharmacare.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  32. New Democrats know that the market alone cannot fix this crisis. I think the Liberals and Conservatives refuse to acknowledge that. New Democrats say that we need sustained federal leadership and long-term investment to dramatically scale up non-market housing: co-ops, student housing, seniors' housing, supportive housing for people living with disabilities and housing for low-income Canadians. Housing is not just a commodity to be addressed by the market. It is a human right and a foundational need. Housing is the foundation of stable lives, strong communities, a fair economy and a healthy country. Investing in housing is also smart economic policy. It creates good jobs, supports local industries and builds the infrastructure our communities need in order to grow. Once again, this economic update fails to rise to that challenge.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  33. Maybe that was why the government was so quick to remove him. According to the same report, the government's flagship initiative, Build Canada Homes, will produce only about 26,000 homes by 2030. That is nowhere near what is required. That is not a legitimate response to a housing crisis. At the very moment when Canadians need a surge in housing construction, federal housing spending is projected to fall over the coming years. That is the opposite, I would suggest, of what this moment needs. For decades, successive governments, Liberal and Conservative alike, have stepped back from building non-market housing, the only way we are going to deliver truly affordable housing. The result is clear. Canada now lags far behind peer countries in the supply of housing that is built for people, not for profit.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  34. It anchors us in community, making participation in society and access to work, friends and family possible. However, young people are giving up on ever owning a home. Renters are facing relentless increases in housing and security. Seniors are struggling to remain in their community. Students are being priced out of the community they grew up in, are being forced into unsafe conditions or are having to live with roommates well into their thirties. This is a national crisis, and it demands a response on the scale of a crisis. In the last election, the Liberals made a clear promise. They said they would double Canada's rate of residential construction to reach 500,000 homes per year over the next decade, but a recent report from the Parliamentary Budget Officer found that the government has not even laid out a plan to achieve that goal.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  35. We believe we have an opportunity to fund it properly for public benefit like the Norwegians did. It should start with an excess profits tax on the oil and gas sector. Now is a great time to do it, as Canadian oil companies stand to reap some $100 billion in excess profits this year alone. If we cannot start now, when can we start? However, there is nothing in this update to ask the most profitable corporations to contribute their fair share towards Canada's economic transformation. I would like to turn now to housing, because no discussion of affordability is complete without addressing the housing crisis. This is one of the clearest and most painful expressions of inequality that exist across our economy. Secure, decent, affordable housing is a foundational need for every Canadian.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  36. Norway has a public oil company and invests the revenues in its sovereign wealth fund, which is now worth over $2 trillion. Norway put that money to work for the public benefit, including building a renewable economy and investing in high-quality public services. (1805) However, what this update is proposing is the mirror image of what Norway has done. Norway built a public oil company, something the Conservatives dismantled under Brian Mulroney, and it took a fair share of the oil profits for the public. However, instead of using private profits for the public benefit like Norway did, the Liberals are proposing to use public money for the private profit of wealthy investors. The public takes on the risks, but the private sector reaps the rewards. New Democrats favour the concept of a sovereign wealth fund.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  37. It is also a band-aid, because that reduction in the excise tax will last only until Labour Day. We will come back to this point in September and find out if gas prices are lower in September, because every reputable economist that I have looked at tells us that we are looking at persistent high oil prices for the foreseeable future beyond Labour Day. Instead of more corporate welfare, we should put a windfall tax on oil and gas giants and invest that money in projects that benefit working Canadians. Through this update, the Liberal government announced plans to launch a sovereign wealth fund and the Canada Strong fund, and it cited Norway as an example. New Democrats have been calling for this approach for many years.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  38. There is not even any acknowledgement of the problem. There is just full-throated support and cheerleading for more AI. Canadians deserve a marketplace that is fair, that is competitive and that is not one that exploits them in increasingly sophisticated ways. Let us turn to energy. Canadians are being crushed by the cost of living, and now gas prices are skyrocketing, but not everyone is suffering. Oil and gas companies are set to rake in an extra $90 billion in profits this year alone from Donald Trump's illegal war on Iran, which is an illegal war that the government supported. What was the government's response? It was a tax cut, which oil companies can simply pocket, and no doubt will pocket to some degree, by raising prices. That is not relief. That is a gift to the oil and gas sector.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  39. What they may not know is that companies are increasingly using invasive data practices, such as tracking personal information to charge different prices to different people, often exploiting the most vulnerable, those who do not have the mobility to actually chase lower prices. This is called “surveillance pricing”. It means two Canadians can pay different prices for the exact same product simply because an algorithm decides that one of them can be charged more, and they can get away with it. That is not fair or transparent, and it should not be legal. The New Democratic Party called on the government last week to ban surveillance pricing and to protect consumers from this kind of digital price gouging. However, in this economic update, there is nothing. There is no action, no protection.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  40. They are asking for an economy where hard work is rewarded, where opportunity is real and where prosperity is shared. Until we confront the growing concentration of wealth and power in this country, we will not solve the affordability crisis, because at its core, that crisis is not just about high prices. It is about who our economy is built for and who it is leaving behind. Let us talk about one of the clearest examples of that imbalance, one that came up just last week, which is predatory pricing. Canadians know that prices are too high. We just have to walk down a grocery aisle to know that. They see it every time they go to the grocery store, pay rent or fill up their gas tank.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  41. This level of extreme inequality undermines social cohesion, weakens democracy and makes it harder to solve every other challenge we face, from housing to health care and climate change, as public priorities are displaced by private interests. However, in this economic update by the Liberal government, there is really no serious plan to address these issues. There is no effort to rebalance the system, and no willingness to ask those who have benefited the most to contribute more. It is no surprise that, for the economic projections the government relied on for this economic update, it consulted a group of some 12 economists, and every single one of them works for a bank or the corporate sector. Not a single labour economist was consulted on the path ahead for the government. Working Canadians are not asking for special treatment.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  42. This is not just an affordability crisis; it is also an inequality crisis. In Canada today, the richest one per cent hold as much wealth as the bottom 80% combined. That is the worst degree of inequality in generations in this country. Even more striking is that Canada's richest 86 families hold as much wealth as the poorest 6.2 million Canadians. While wealth at the top explodes, everyone else is being squeezed. That is why working harder is no longer enough. That is why people feel that the system is rigged; in many ways, it is. (1800) Corporate profits are soaring. Billionaire wealth is growing by the tens of billions. There are almost double the number of billionaires in Canada today than there were 20 years ago, but wages are not keeping up, costs are rising and public services are being cut.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  43. They demand a government willing to stand up for people instead of deferring to the powerful, yet what we have before us is an economic update that tinkers at the margins when what Canadians need is transformative change. Modest relief is not enough when people are facing an affordability emergency, and make no mistake, this is an emergency. At kitchen tables across this country, Canadians are doing everything right. They are working hard. Some are juggling multiple jobs. Others are caring for children or aging parents. Many are sacrificing just to keep up. Despite all that effort, they continue to fall behind. Why is this? It is not because Canadians are not working hard enough. It is because the system is not working for them. To understand why so many Canadians feel like they are falling behind, we have to confront a deeper truth.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  44. Half of Canadians are living paycheque to paycheque, one missed payment away from crisis. The cost of essentials, from groceries to rent, continues to soar and is pushing families deeper into anxiety and uncertainty. At the same time, our public services are under persistent and growing strain, and our economy remains fundamentally tilted in favour of those at the very top. Beyond our borders, the world grows more unstable by the day. Donald Trump's trade war is a direct attack on Canadian workers and our industries. His illegal war on Iran has destabilized the global economy. Critically, the Prime Minister and the Liberal government chose to support that war despite its foreseeable economic consequences for Canadians. New Democrats recognize these are not small challenges. They demand bold, decisive action.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  45. In fact, there is almost nothing new in this update that has not already been announced. In classic neo-liberal fashion, it naively assumes the private sector can be relied upon to solve all the challenges we face. It doubles down on trickle-down economics by using taxpayer dollars to fund corporate welfare, an approach that has consistently failed to deliver benefits to working people wherever and whenever it has been applied. It falls far short of responding to the reality that Canadians are living through, the everyday emergency of just trying to get by in a rigged economy. I want to underscore this: Across this country, people are being stretched to the breaking point. Young Canadians are being locked out of opportunity, unable to find stable work in the communities where they live.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  46. Mr. Speaker, I rise today to respond to the 2026 spring economic update on behalf of Canada's New Democrats and our new leader, Avi Lewis. At the outset, I want to acknowledge that this update includes some positive measures that New Democrats agree with and some, indeed, that we have long advocated for, including supporting apprenticeships in the skilled trades, delivering the Canada groceries and essentials benefit, standing up the financial crimes agency to better go after white-collar criminals and funding youth athletic programs. New Democrats will always work constructively with other parties and support measures that bring real benefits to working people in this country. However, taken as a whole, this update represents a missed opportunity to meet the moment, just as the budget in the fall did.

    SITTING 112 · 2026-04-27 · READ IN HANSARD

  47. Mr. Speaker, in the last election, the Prime Minister promised to protect pharmacare and sign agreements with all provinces and territories as quickly as possible. Despite those clear commitments, his government has failed to sign a single agreement. This week, P.E.I.'s health minister revealed the Liberals' plan to scrap pharmacare entirely when current deals expire. Will the government provide funding in the spring economic update to protect pharmacare and expand it to all Canadians as they promised, or are Liberals breaking their commitment to public pharmacare?

    SITTING 109 · 2026-04-22 · READ IN HANSARD

  48. Mr. Speaker, Canadians are being crushed by the cost of living, and now gas prices are skyrocketing, but not everyone is suffering. Oil companies will rake in an extra $90 billion this year from Donald Trump's illegal war on Iran. What is the Liberal response? It is a tax cut that oil companies will simply pocket by raising prices. Instead of handing more money to oil giants, why does the government not cap gas prices, tax windfall profits and use those funds to give people real relief?

    SITTING 107 · 2026-04-20 · READ IN HANSARD

  49. Mr. Speaker, there have been discussions among the parties, and if you seek it I hope you will find unanimous consent for the following motion: That, in the opinion of the House, the government should ban surveillance pricing, where personal data is used by corporations to increase the prices consumers pay, both in store and on line. Some hon. members: No.

    SITTING 103 · 2026-04-14 · READ IN HANSARD

  50. Mr. Speaker, grocery giants are ripping off Canadians again. First, they colluded to fix bread prices. Now they are committing fraud through deceptive weight labels on meat. They are literally putting their fingers on the scales to overcharge shoppers. Instead of enforcing the law, the Liberals cut Canadian food inspectors, the only way to protect consumers. The Prime Minister said he wanted to be judged on the cost of groceries. Will he take action to stop the food monopoly from cheating Canadians?

    SITTING 103 · 2026-04-14 · READ IN HANSARD