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Peter Bevan-Baker, Leader of the Official Opposition, calls on Prime Minister to address rising cost of living by implementing a windfall profits tax on oil and gas companies
Official Opposition
June 13, 2022

FOR IMMEDIATE RELEASE

June 13, 2022

Peter Bevan-Baker, Leader of the Official Opposition, calls on Prime Minister to address rising cost of living by implementing a windfall profits tax on oil and gas companies


Charlottetown, PE – Today Peter Bevan-Baker, Leader of the Official Opposition and Leader of the Green Party of PEI, joined provincial Green leaders across the country calling on the federal government to address the affordability crisis and implement a windfall profits tax on oil and gas companies.

“Islanders continue to feel the rising cost of living – at the grocery store, the gas pumps, and when they are paying their home-heating bills,” said Bevan-Baker. “In the absence of leadership from Premier Dennis King and his provincial government, I, along with my provincial counterparts, am calling on the federal government to step in and support Canadians during this difficult time.”

In a letter signed by Bevan-Baker, Sonia Furstenau, MLA and Leader of the BC Greens, and David Coon, MLA and Leader of the New Brunswick Greens, the leaders call on Prime Minister Trudeau to tax oil and gas companies that are profiting at the expense of Canadians and redistribute billions of dollars directly to Canadians in the form of rebate cheques.

Other countries have pursued or implemented similar taxation policies on windfall profits of oil and gas companies, including most recently the British government.

“The federal government has the power and opportunity to give Canadians the financial relief they so desperately need right now,” said Bevan-Baker. “Corporations and their stakeholders should not profit wildly while everyday Canadians are struggling to afford the basics they need.”

For more information on windfall profits taxes: https://peigreencaucus.ca/wp-content/uploads/2022/06/Backgrounder-Windfall-Oil-and-Gas-Tax.pdf

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For media inquiries, please contact:
Jonathan Hamel
Director of Communications
Office of the Official Opposition
Tel: (902) 213-0718
Email: jdhamel@assembly.pe.ca

The Official Opposition of Prince Edward Island provides a crucial role in the governing of our province. The caucus is made up of Green Party MLAs elected by Islanders.

We strive to offer informed and intelligent debate and proposals that are evidence-based and data-informed. Through respect and integrity, we seek to improve the work and efforts of government on behalf of all Islanders.

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Office of the Official Opposition
2nd Floor, Coles Building
175 Richmond Street, Charlottetown
Prince Edward Island, Canada