Gerald Butts

speaker
1,669 appearances 11 recordings 1 series first heard Apr 2026 last heard 15 Sep

Gerald Butts’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 11 in all, peaking in Aug 2026 with 3.

Appearances

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Uh in the first eighteen months after the first bullets were fired in um
in uh Ukraine by the Russians.
Uh the oil and gas industry made globally made in the neighborhood of two trillion dollars in unplanned for profits.
Two trillion with a T.
That's like two thirds the size of the Canadian economy.
And Canadian uh oil and gas companies made eye watering quarterly profits that would have made Jay Paul Getty blush had he seen them uh at the time.
And none of that was passed back to Canadian consumers or producers for that matter.
Um people who consume uh firms that consume uh energy in the rest of the economy.
So, you know, we were the only country in the world and I
I was a critic of my a private critic of my former colleagues at the time.
We were the only country, uh the in one of the only countries in the world that didn't have a windfall tax on oil and gas producers and passed that directly back to consumers in the form of a rebate.
And why didn't we do that?
Uh because the oil and gas industry is the most powerful lobby in Canada.
Is that why?
I mean
condemning profitability to be clear.
I'm condemning profiteering, which is a very different thing.
Well,
Definitely make the case to the government that uh my industry uh I wouldn't because my industry it doesn't apply, but if I were in the industry, I would make the case that my industry should be able to take extraordinary profits.
Um, but that doesn't mean the government should allow it to happen.
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