My question is for Ms. Marcotte and Mr. Blouin.
I heard today that the major oil companies' price will be 64.6¢ in Montreal tomorrow morning. Mr. Quintal may also like to comment on this, but the price on the U.S. Stock Exchange was $215.53. At a rate of exchange of $1.0661, I arrive at about 60.7¢ a litre in the U.S., which means it will be 3.9¢ higher in Montreal and 5.2¢ higher in Toronto.
How does one go about explaining to consumers that the price of products supplied here in Canada, which is determined by the market, is higher and that it is the same in every region of the country, without exception? How is it that the refineries' prices can be the same in Montreal, Toronto and Ottawa tomorrow morning? Is there no competition between these cities?
Mr. Crevier, are you able to answer that question?