Mr. Speaker, normally when the price of a raw material rises, profit margins for corporations in that sector shrink, because competition plays a significant role in keeping consumer costs down. However, in the oil and gas sector, the opposite has occurred.
How can the Minister of Industry refuse to admit that the matter needs to be investigated by the Competition Bureau when oil and gas companies' profits have tripled at the same time, especially based on their refinery margins, at a time when the price of gas at the pump has risen dramatically?