Madam Speaker, I will be sharing my time with the hon. member for Miramichi—Grand Lake.

It is a pleasure to stand here on behalf of the constituents of Edmonton—Wetaskiwin.

That was an interesting exchange we just heard when the NDP member took issue with many of the things the Liberals are doing that are destroying the economy of our country right now. However, at the same time, when she and her colleagues have a chance to vote against the Liberal government and go into an election to change the government, they side with it every single time.

I just had the opportunity to come back from my constituency, where, like many colleagues, I was meeting with constituents. I had 6 two-hour constituent round tables last week. I had a chance to interact with dozens of constituents at these round tables, and a lot of issues were raised. Interestingly, the number one issue was not the carbon tax at those round tables. Time and again, in Edmonton—Wetaskiwin, what was articulated at those round tables by constituents was how we can get rid of the Liberal Prime Minister before he destroys the economy of Canada.

I will just mention a few of the other issues that were raised. The carbon tax was definitely the main policy issue raised, as well as housing, runaway deficits, safety in our streets, immigration and the recent challenges with the immigration system. Of course, health care is always raised, especially at a time when it is clear that we are going to spend more on interest on the debt the Liberal government has rang up than we will spend on health care in this country over the next few years, so there are a lot of issues to talk about.

I think it is helpful, in the context of what we are talking about today, to revisit the legacy of economic chaos that is in the DNA of the Liberal Party, and that is the Trudeau legacy. It is very important to revisit the Trudeau legacy of the 1970s and 1980s. It was a Liberal government that ran up 14 deficits in 15 years, and there were results of that time. Of course, that was a time of drastic economic experimentation by, at the time, the most left-leaning prime minister we had ever had. Obviously, that has definitely been beaten by the current government, but at that time, it was the most left-leaning government we had ever had. It undertook an economic experiment, and we saw crises, including an energy crisis, an inflation crisis, a housing crisis and a national unity crisis, that stretched right to the end of that government in 1984 and, interestingly, way beyond the time it was in power.

Of course, the nine years following that government was the Mulroney government. I remember when some of the Liberal members were new and would come into the House in 2015 and 2016 to talk about the biggest deficits in Canadian history being under the Mulroney government, but what they did not mention at that time was that those deficits were made up entirely of interest on Trudeau's debt. The deficits it ran were largely in balance, in fact, probably a bit in surplus, but the interest payments on the Trudeau debt caused us to run deficits for many years after that. That bill came due in about the mid-nineties, from 1995 to 1997, when we were under the Liberal Chrétien-Martin government. Some of these members served under that government. When the bill came due, we saw absolutely dramatic cuts, some of the most significant cuts we have ever seen, to health care and social services spending in this country.

That is interesting because Liberal members often stand up to ask what Conservatives are going to cut when we talk about bringing some sanity to our fiscal situation in this country, but what really made significant cuts to spending on things that are important to Canadians was that Liberal government, which in two years, from 1995 to 1997, cut 32% from health care and social services transfers in this country. Can members imagine a government in 2024 having to cut 32% from health care and social services funding? That is what happened from 1995 to 1997 because of the absolutely tragic economic legacy of a Trudeau government.

Here we are again. We are now eight years into a government. It has been eight deficits in eight years for the current government. I assume we will have a ninth coming up soon, so it will be nine deficits in nine years. That is 23 deficits in 24 years under the economic policies of the current Prime Minister and the Prime Minister Trudeau of the seventies and eighties.

Under the current Liberal government, backed up by the NDP, we have doubled our country's debt. Taking a look at the things that could help that, and thinking about the conversation we are having today, what might help us in terms of our economic situation right now and the chaos we are seeing economically and otherwise is, perhaps, revenues from oil and gas. That might actually help.

I took a look at the oil and gas import numbers for 2022, the most recent numbers we have to date, and they would be astonishing to Canadians who assume we have a lot of oil and gas production in Canada. Obviously, we are one of the world leaders in terms of our vast resources and the potential that comes with our oil and gas resources, but what a lot of people do not realize is that Canada, every year, imports oil and gas, because the policies of the current Liberal government have made it impossible to build a pipeline in this country. Instead, mostly to eastern Canada, we are importing oil and gas.

In 2022 we imported $21.5 billion in crude oil alone. That was up 46% from 2021. Of course, the Americans are the number one supplier of oil and gas products like crude oil to Canada. The number two and three countries are Saudi Arabia and Nigeria, totalling over $5 billion in crude oil alone coming into Canada. On refined petroleum products, we are talking about even more: $26.1 billion in 2022 alone, which was up 55% from 2021. We were importing about $47 billion between the two of those in 2022, and that is product that could absolutely have been sourced here in Canada.

The reason that situation exists is that we hold Canadian producers, hard-working producers and workers in Alberta, Saskatchewan, Newfoundland and Labrador and across the country, to a higher standard than we hold producers in Nigeria and Saudi Arabia. We do not ask producers in Nigeria and Saudi Arabia to account for upstream emissions, for the impact on the environment or for the impact on the social fabric of their countries.

It was interesting that about a year ago we had the minister before committee and I had a chance to ask him about this. His was response was that, of course, Canada has no ability to hold those countries to account. Their own domestic governments control those types of things, and Canada cannot walk in and hold them to account, but we definitely hold Canadian producers to account for that. The one thing we can do is refuse to take oil and gas from countries that do not meet the Canadian standard, the same standard we apply to Canadian producers.

This is the world the Prime Minister has created in eight years. If we go back eight years and take a look at the situation that existed eight years ago, and our leader summed it up very well this morning when he spoke, it was a world where we had a balanced budget. In 2015, we had worked hard, coming out of the economic slowdown, and The New York Times spoke of Canada having the richest middle class in the world, having just overtaken the Americans after decades. It was a situation where we did not have the housing crisis we have right now.

I look forward to speaking some more about these things when we take questions from the other parties.

Mike Lake

$665,590.00