Mr. Speaker, last year the federal government brought in nearly $7 billion in gas tax revenues, $4.7 billion in excise taxes, and $2.2 billion in GST on the fuel and on the excise taxes themselves.
The GST scheme that the Prime Minister announced yesterday will give $580 million to cities which is less than 8% of the gas tax revenues that the government will collect from drivers in municipalities across the country.
Does the Prime Minister really believe that taking $1 out of the pocket of taxpayers and giving back 8¢ is a new deal for cities? Is he really proud of that?