Mr. Speaker, as my friend knows, global gas prices are driven by global supply and demand. When some of the leading producers in the world are unable to ship oil to markets, the price goes up. When we have instability, the price goes up. When the President of the United States makes certain announcements, the price goes up. Global oil prices are completely unstable, which has led to an increase as a result of the conflict and the inability to deliver oil to market from certain of the most important producing regions in the world. As such, prices in Canada and around the world have gone up.
What we need to do is give temporary relief, as we have done. Today, the Prime Minister announced that the excise tax is being cut until Labour Day.