Tuesday, July 5, 2022
HomeCANADAOntario NDP will cap gas prices weekly

Ontario NDP will cap gas prices weekly

Andrea Horwath and the NDP will regulate the price of gas — capping gas prices, outlawing gouging, and saving Ontarians money at the pumps.

“Every day, people are being gouged by oil and gas companies who are already making record profits,” said Horwath. “It’s time for Ontarians to get a break at the pumps. We’re going to cap gas prices and ban gouging — so you pay less.

“Ontarians need a government that will look out for them, not for their friends or giant corporations.”

Horwath and the NDP will regulate retail and wholesale mark-up of prices. The Ontario Energy Board will set a weekly price that includes reasonable profits for gas companies — not more.

Four years ago Doug Ford promised to lower gas prices by 10 cents per litre. He has not. And the Ford and Del Duca scheme to temporarily lower the gas tax will only benefit gas stations — there’s no requirement that they pass that break on to drivers. Only Horwath and the NDP will get tough with oil companies and ensure permanent savings at the pump.

Gas prices in Ontario have reached record highs, even though the cost of crude oil and refined products have not reached record highs.

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