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Decentralized Democracy

House Hansard - 43

44th Parl. 1st Sess.
March 22, 2022 10:00AM
  • Mar/22/22 3:51:12 p.m.
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Madam Speaker, I have to wonder whether my colleague's response to rising gas prices is a bit simplistic. When we look at the price of a barrel of oil or the price of gas, we see that gas is now at almost $2 a litre. We know that the tax on gas, the GST, is 5%. At $2 a litre, that would represent around 10¢ in savings. I would like to know whether my colleague thinks that 10¢ will change the reality of the market in any meaningful way. Should we not be looking at a more long-term solution? Instead of living at the mercy of the ups and downs of oil prices, why do we not focus on the electrification of transportation? This would be a real, long-term solution that would make us less dependent on products whose prices can increase drastically based on whatever is going on in Ukraine, Afghanistan, or Iraq, or based on Christmas, holidays or summer vacation. Gas prices are always bouncing up and down and, unfortunately, consumers are the ones who suffer.
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