Mr. Speaker, a couple of months ago the finance minister suggested there would be no new taxes in his budget. It was kind of the Canadian equivalent of "read my lips".
Yesterday we pointed out the minister's harmonization agreement would mean a 100 per cent increase in the GST cost on gasoline in Atlantic Canadian provinces that have harmonized. That would work out to an average of $4.30 for a tank of gasoline in Atlantic Canada.
Can the finance minister explain how this 100 per cent increase in the GST on gas meets his promise of revenue neutrality found on page 22 of the red book?