Discussion · Government Orders
Don Davies NDP
“I want this bill changed before we pass it. Cutting the gas tax did not lower gas prices because oil companies just raised their prices. This bill needs a rule that forces oil companies to pass the tax savings on to drivers.”
“Mr. Speaker, I think what my hon. colleague and I agree on is that Canadians need immediate relief and need help with the affordability crisis. I pointed out, and quoted statistics on this, that the policy of the Liberal government to cut the excise tax on oil and gas has not resulted in that. That is not just my opinion. It is the numbers; it is the math. I quoted that the price of gas the day before the Liberals dropped the excise tax back in April was lower than it is today. The prices are much higher today at the pump, and there was no mechanism whatsoever to ensure that oil companies did not just raise prices when the excise tax came down. That was a criticism we raised at the time, and it is probably a mechanism that should be put in this legislation as well to make sure that every penny of this tax relief goes to consumers. That might actually help Canadians, but this legislation does not require it.”
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Mr. Speaker, I think what my hon. colleague and I agree on is that Canadians need immediate relief and need help with the affordability crisis. I pointed out, and quoted statistics on this, that the policy of the Liberal government to cut the excise tax on oil and gas has not resulted in that. That is not just my opinion. It is the numbers; it is the math. I quoted that the price of gas the day before the Liberals dropped the excise tax back in April was lower than it is today. The prices are much higher today at the pump, and there was no mechanism whatsoever to ensure that oil companies did not just raise prices when the excise tax came down. That was a criticism we raised at the time, and it is probably a mechanism that should be put in this legislation as well to make sure that every penny of this tax relief goes to consumers. That might actually help Canadians, but this legislation does not require it.