Mr. Speaker, inflation has risen almost a full point month over month to 7.7%, which is near record levels. Europe has reduced fuel taxes, and the U.S. president is now calling for a gas tax holiday. What is the Canadian government doing? It is increasing fuel taxes.
The last time world oil prices were this high was 2014, when the price of gas in Canada was $1.40, which is 70¢ less than today. The Minister of Finance says this is beyond her control, but she is ignoring her role in actually escalating inflation.
When will she take her foot off the gas on fuel tax increases?