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Taxation

During Question Period, the Conservative leader repeatedly asked the government to remove all federal taxes on gasoline for the rest of the year, arguing that gas costs about 50 cents a litre more than in 2014 when world oil was also $100 a barrel, and more than in the United States, which he attributed to the government’s taxes, spending, deficits, and a weak dollar. Liberal ministers replied that a global conflict involving the Strait of Hormuz has created an unprecedented energy crisis, noted the government has already temporarily suspended the federal excise tax on fuel, and cited the International Energy Agency and IMF in support of its approach. One Liberal minister also cited the IEA head’s view of Canada as a reliable energy partner with oil, gas, nuclear, minerals, and potash resources.Written by AI from the debate. Updated .

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