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Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
  • Jun/7/22 1:20:05 p.m.
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Madam Speaker, I listened to the member's speech and heard him say something we heard earlier today. I would like him to very clear about it. Is he telling the House that the reason the Liberals cannot eliminate, even temporarily, the GST on fuel and the carbon tax, or even just on fuel, is they believe retailers would collude to prevent the tax savings from going to consumers? Yes or no, is that the reason you cannot do this?
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  • Jun/7/22 5:10:29 p.m.
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Madam Speaker, Canadians are going to the grocery store and to the gas pump, and they are seeing these eye-wateringly increased prices on the basic necessities. At the same time, the companies that sell those necessities are not simply passing along higher costs. They are also making dramatic profits. I am wondering if my colleague across the way could tell the House why his government has refused to consider a windfall profits tax on companies that are making dramatic profits, similar to the tax that the U.K. has put in place on oil and gas companies that are gouging consumers.
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  • Jun/7/22 5:54:41 p.m.
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Mr. Speaker, I have already asked one of her colleagues this question, but perhaps this member could answer it. I have previously spoken with several economists, including Bernard Landry, who was one of my mentors. We have already been in situations where we would have liked to eliminate the gas tax. As he explained, the problem with this approach is that there is no way of ensuring that what is being removed would not go into the pockets of the oil companies. We have no way of ensuring that that money would get to consumers. Could the member explain how she would make sure this happened, or what she would do to guarantee that the consumer was not the one left to pay again?
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