Discussion · Government Orders
Jacques Ramsay Liberal
“I want this bill to pass. Pausing the fuel tax is only temporary, and it is keeping gas prices lower. Without it, gas would likely cost over $2 a litre because of global events. I see no proof that oil companies are taking the extra money, though we should keep watching them.”
“Mr. Speaker, my colleague is glossing over the fact that this measure is temporary, whereas he is proposing a measure that will be permanent and may not be appropriate. That said, his concerns are valid. I think we do need to monitor the situation. I have no indications and have not heard anything to suggest that the tax suspension has benefited the oil companies. Obviously, the cost of gas has continued to rise, but I think that can mostly be attributed to the closure of the Strait of Hormuz. I think that, without the tax suspension, the price at the pumps would be even higher today, probably above $2 per litre.”
Official Hansard
Mr. Speaker, my colleague is glossing over the fact that this measure is temporary, whereas he is proposing a measure that will be permanent and may not be appropriate. That said, his concerns are valid. I think we do need to monitor the situation. I have no indications and have not heard anything to suggest that the tax suspension has benefited the oil companies. Obviously, the cost of gas has continued to rise, but I think that can mostly be attributed to the closure of the Strait of Hormuz. I think that, without the tax suspension, the price at the pumps would be even higher today, probably above $2 per litre.