Mr. Speaker, the federal government has a number of tools at its disposal.
First, it could have instituted a real investigation into a potential lack of competition in the oil market. That it did not do, or at least not seriously. Second, it could establish a petroleum monitoring agency, as the committee recommended. That it did not do.
How can it justify to those who are listening and who are being strangled by the oil companies that the only thing it did do is reduce the taxes on companies that are already raking in huge profits?