Mr. Speaker, one of the things that has been mentioned during debate is reducing prices at the pump by lowering the GST or having some sort of cap as a potential solution to ebb the flow of the rising costs. Unfortunately, there is no mechanism federally to monitor that and to make sure that is not clawed back by the industry.That would be one way to reduce the taxes on gasoline. The second one would be through royalties. Provinces assign royalties, which is a tax on the product itself.
We understand the member's position on the reduction of the GST, but what is the position of the Conservative Party on royalties? Should royalties be reduced? The provincial coffers would be lowered, but at the same time, under that theory prices would be lower at the pump. What mechanism would the Conservatives put in place to ensure that would be passed on to the consumer?