Mr. Speaker, I do not agree with the hon. member that this is not exactly what the Prime Minister said in the past. In fact I can quote is exactly what he said, that he would eliminate all GST above 85¢. He also said that there would be no tax on tax. This was quite an issue in my debates with the Conservative candidate who was running in my riding.
When it comes to regulating the prices, certainly it is a provincial issue. Look at the Quebec government. It has set the minimum price for oil. Why does it have no regulation for the upper end of it? If it can set the price at the lower end, then certainly there should be a way that we should be monitoring it. The Competition Bureau has already looked at it. It investigated in the past to see if gas companies were making a lot of money by cheating but it has found nothing so far.