Mr. Speaker, gasoline prices depend on factors including world market trends, the price of crude, and local variables, such as competition and transportation costs. In Canada, only provinces and territories have the power to regulate gasoline prices. If it were up to the opposition parties, they would let the price of gas rise by 60% under Bill C-288. The opposition parties want Canadians to pay between $1.60 and $2.00 per litre.
In the House of Commons on June 8th, 2007. See this statement in context.