Mr. Speaker, the Prime Minister's announcement earlier today in providing gas tax relief to Canadians is a half-baked measure. The Liberals, in contrast to our Conservative plan, are offering a third of the relief for a third of the year. This is at a time when we have seen gas and diesel prices spike significantly around the country and around the world. There is a saying that we can only control what we can control. It is very true that in the situation in Iran, with the war that is going on there, there is not much that Canada can contribute to that directly or cause for that, but what we can control is the amount of taxes that Canadians are charged at the pumps. Right now, that is 25¢ a litre on gasoline and 21¢ a litre on diesel in federal taxes.
What the Liberals announced today is only one portion of relief from now until Labour Day. Our Conservative proposal, in contrast, is to provide real, meaningful relief at the pumps for Canadians, not only removing the federal fuel excise tax of 10¢ a litre. They have done that measure, but what they have not done is take off their latest, what I call, hidden carbon tax. They call it a clean fuel standard, but it is basically their new carbon tax of seven cents a litre in federal tax. They are keeping that in and, of course, the GST portion of that as well, which amounts to about eight cents a litre. We are getting a half-baked measure when it comes to this.
What Conservatives are calling for, when it comes to gasoline and diesel, is to give the full relief of 25¢ a litre off the price of gasoline and 21¢ a litre off the price of diesel for the remainder of the year, 2026. That can provide a family of four about $1,200 more that they can keep in their pocket this year. Every time they fill up, they would save $20 at the pump. That is real, meaningful relief.
There is a key part about this I want to raise. We can afford this because with the higher oil prices out there, the Liberals will be getting a windfall that is expected to be about $10 billion in extra revenue that was not anticipated because of these higher oil prices. If we completely cut the federal taxes on gasoline and diesel, it could be paid for simply by the extra revenues that are already going to be collected and Canadians paying higher prices as it is. Give Canadians real, meaningful relief at the pumps.
Many may know my family history. My father and mother owned a trucking business for many years. My dad just retired from that business a couple of years ago, JED Express, which we have been proud to operate in South Mountain, Ontario, for many years, a few decades. I am very proud that my dad worked his way up and built a business from scratch, all the way into one of Canada's best-managed companies for several years running. My dad is happily retired now, playing pickleball and golf. I want to acknowledge our background in trucking and our history in that industry, something I grew up with around me.
When we talk about being able to lower prices for Canadians on the cost of food and moving things around this country, our plan of taking 21¢ a litre, all the federal gas tax, off the price of diesel would make a tangible, more meaningful difference than what the Liberals are offering. The Liberals are offering to take four cents a litre off the price of diesel. That is going to be pennies to the billions that they will collect in extra revenues over the course of the next few months with higher oil prices.
In the trucking industry, very often the way rates are determined is on a base rate provided by a trucking company or an owner-operator plus a fuel surcharge, which is the actual price of fuel on those given days. As opposed to taking four cents a litre off, as the Liberals propose, and we take 21¢ a litre off, that would drop the fuel surcharge, drop the cost of trucking and drop the cost of transporting food and goods across this country immediately. It is a meaningful way to lower inflation. When we have serious food inflation, it is a meaningful way to do that. I am proud to take my experience from the trucking industry and say that our Conservative plan would do more to lower costs for Canadians, for food and for getting things moved around our country.
What we see from the Liberals all the time are half-baked measures. I will say this a different way and repeat the old line that I say in politics and in the work that I have done: Sometimes one needs to do a little R and D, rob and duplicate. We have actually seen the Liberal government do that, but to half-baked measures in extent.
We have seen it with the consumer carbon tax, which the Liberals eliminated only after years and years of relentless Conservative pressure to axe the tax. The Liberals knew they were in such a perilous political position that they had to scrap it. This was after years of defending the rebates, years of claiming that the taxes they put on did not amount to any extra cost to people, and saying that they could just add these taxes on at the pumps and that the cost of things would not go up, inflation would not go up, the cost of fuel would not go up and the cost of business would not go up.
Instead, what we are seeing now is a half-baked measure. The industrial carbon tax is in place, which just went up on April 1, and it is going to drive up the cost of doing business and drive up inflation in this country. Nobody believes that adding in taxes anywhere in the economy does not get passed on in the form of higher costs to consumers who purchase goods and services here at home.
It was a half-baked measure to get rid of the consumer carbon tax and keep the industrial carbon tax. Furthermore, it was a half-baked “rob and duplicate” effort, because the Liberals brought in the so-called clean fuel standard. Right now, on the price of gas, it is seven cents a litre. The Liberals are refusing to eliminate it, and it is only going to get worse. Not only are they keeping that in place over the course of the next few months and going into the future, but it is also going to be increased from the current seven cents a litre to 17¢ a litre by the year 2030.
That is something Canadians cannot afford, whether they are seniors, young people or parents driving their kids to hockey or soccer, just going out to get groceries or going back and forth to work. Heaven forbid that Canadians would want to take a family vacation. That seven cents a litre belongs in the pockets of Canadians rather than in the Liberal coffers this year.
We have talked about half-baked measures. Meaningful relief is what we are not seeing from the government, which is not taking a serious approach to providing relief. The contrast could not be more clear. The Liberals want to provide a third of the relief for a third of the year, compared to what our Conservative position is on this.
At the end of the day, it is important for Canadians to know that Conservatives are on their side, fighting for them and fighting for lower costs and lower gas bills in every part of this country. It is important to know that at the end of the day it is constant increases, the Liberal taxes on everything, that are making life more expensive in every part of this country.
The Liberals stubbornly refuse to go the full way and provide full, meaningful relief. They are offering only a 10¢ reduction on the price of gasoline, when there was an opportunity to have a 25¢ reduction, taking all the federal taxes off.
It is very frustrating to see that costs are going up over and over again. The cost of government is going up. The cost of Liberal deficits is going up. Inflation is going up. Our food inflation is the highest in the G7. We have the second-slowest growth in the G7. There was actually a drop in GDP in the fourth quarter of last year, and projections are not strong.
What Canadians are going to see is a continued effort by the Conservative team to fight for real and meaningful relief. Our opposition day motion is clear that the Liberal plan announced does not go far enough to provide meaningful relief to Canadians. The Liberals could take off the fuel excise tax of 10¢ a litre, which they have done, but they could go further. They could take the GST of eight cents off. They could take the clean fuel standards of seven cents off. They could provide 25¢ a litre in relief. On diesel prices, that total is 21¢ a litre. That could help families and businesses at a time when they truly need it.
We will keep standing up for affordability in this country and will let Canadians know that we are on their side.