Mr. Speaker, in the fall throne speech, we made it very clear that we were going to introduce a number of new measures to further protect Canadian consumers. We have passed the Fairness at the Pumps Act and today we are announcing regulations to make sure that it comes into force.
What it will mean for everyday consumers is that regulators and inspectors will now have the tools and powers necessary to ensure that local gas stations and their parent companies are providing truth to Canadian consumers. When they buy a litre of gasoline, what it says on the sign it should say on the pump, and what it says on the pump should be reflected in the true price that consumers are paying at the till.
Consumers need this protection. We now have the regulations necessary so that the Fairness at the Pumps Act will come to life and protect everyday consumers.