Mr. Speaker, the consumer price index shows that the price of energy, the linchpin of our economy, is driving inflation hard. Overall energy costs are up 13% over the past year, but gas prices are at record highs.
These high energy prices are driving up rail and trucking costs and reducing the disposable incomes of Canadians while giving big oil companies record profits.
Why has the Minister of Industry ignored the competition problems in gasoline retailing when the clear result has been record high gas prices, higher inflation and the potential for higher interest and mortgage rates? When will he start protecting consumers instead of big business?