Mr. Speaker, the problem is that prices are inflated because of the oil companies' excessive profits. On Tuesday, the minister confirmed that the refining margin was 22¢ a litre. That is three times the average margin early in this decade. The price at the pump comes under Quebec's jurisdiction, we know, but the refining margin is a question of competition, which is a federal jurisdiction.
Is the Prime Minister aware that by refusing to give the Competition Bureau more power, he is condoning a situation that is hurting consumers and the economy yet benefiting the oil companies?