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Decentralized Democracy

House Hansard - 43

44th Parl. 1st Sess.
March 22, 2022 10:00AM
  • Mar/22/22 10:38:11 a.m.
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Mr. Speaker, I was surprised to hear the Conservatives say there is no evidence of price gouging. I invite the hon. member to come north of Highway 17, where we often pay 30¢ more a litre in towns such as Kirkland Lake and Timmins than they pay in southern Ontario. In 2019, the British Columbia Utilities Commission, under the New Democrats, found out there was price gouging of at least 13¢ a litre. Does the hon. member agree that we need to push the Competition Bureau to start making sure that in isolated, northern communities, we are not getting ripped off at the pumps because of these arguments that we are a little further away from the centre? If we deal with price gouging, people will at least have a fair chance, especially with the outrageous prices we are paying because of Putin's war.
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  • Mar/22/22 1:15:05 p.m.
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Madam Speaker, my fellow British Columbian colleague's last comment about price gouging seemed to suggest that price gouging by oil companies is not a big issue when it comes to gas prices, but he will be familiar with the fact that, in 2019, the B.C. Utilities Commission did a study and found that 13 cents of what were then much lower gas prices were attributed to factors that could not be explained by the competitive market. Today, that 13 cents is likely much more. Could the member speak to this discrepancy and uncompetitive gouging that is happening at the pumps?
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  • Mar/22/22 4:09:26 p.m.
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Madam Speaker, I have spent a lot of time in Edmonton and took public transit there when it was necessary. A lot of times it was to go to watch my Eskimos play football, but that is a different story. To be serious about the question, it is important that we understand some of the reasons that the prices are so high right now. We have a country that is rich in resources and the Canadian dollar is at 79¢ right now. These are the kinds of reasons that the prices at the pump are so severe. We have to look at the overall economic impact of what is taking place.
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