Mr. Speaker, here is a lesson in classic Canadian economics. Have members ever noticed that when the price of a barrel of crude jumps on the international market, the price at the pumps goes up within seconds? Why is that? They say it is the input price of the commodity being reflected to the consumer.
When the price of a barrel drops, say 70%, what happens at the pumps? For people living in northern Ontario, the price remains high. Why is that? The answers get a little more vague. It is a lack of refining. It is the low value of the loonie. It is yada yada yada. Meanwhile, people in Timmins are paying about 20% more than in Toronto and about 35% more than in Regina.
It is hard-working families in the north who are subsidizing the refineries every time they have to go to work, and it is northern Ontario businesses that are taking the hit. I am pleased that the City of Timmins has stood up on this issue of gas fairness. I am inviting all northern municipalities to do the same, because we need to stand up for our residents who are being hosed at the pumps by big oil and gouged in their pocketbooks. In this time of economic downturn, how about a bit of fairness for hard-working Canadians?