Mr. Speaker, every day we hear news that confirm the negative impact of the gasoline price increase on the economy.
The one-point rise in the inflation rate since January is evidence of that impact. However, Ottawa will collect, through the GST, an additional amount of close to $250 million, because of the increase in the price of gasoline.
My question is for the Deputy Prime Minister. Considering the financial means at its disposal, should the government not give a break to taxpayers by immediately reducing the excise tax on oil products?