Mr. Speaker, I wish to present to the House, pursuant to Standing Order 36, a petition signed by over 300 constituents, many of them from my riding of Pickering—Scarborough East and some from as far away as the other side of Toronto, in Mississauga.
The petitioners are concerned about the costs and the effect of high fuel prices on Canadians and the economy in general. They note a serious lack of competition and transparency in the energy industry and that it has had a detrimental impact on the Canadian economy. They are concerned about the cost of fuel and, during a period of economic uncertainty, the effect this has on the entire economy. They wish to draw to the attention of Parliament that many countries around the world have an energy market monitoring agency and that energy superpowers like Canada should and ought to have one.
The petitioners therefore call upon the government to finally acknowledge that the high price of fuel is damaging the Canadian economy. They ask that the government immediately act to reinstate the office of petroleum price information, which was abolished by the government in 2006, as an energy market information service which, like the U.S. energy information agency, would provide weekly reports, including all Canadian energy supply and demand inventory and storage information.
They ask also that hearings be held in the energy sector to determine how the government can foster competition and provide transparency in the energy market and to eliminate the monopolistic efficiencies defence section 96 of the Competition Act.