http://www.cbc.ca/news/canada/ottawa/story/2011/05/11/hst-gas-price-increase636.html?ref=rss
HST not to blame for gas price hike: McGuinty
Premier Dalton McGuinty says the HST isn't the reason gasoline prices are soaring to over $1.40 a litre in Toronto and to $1.50 in northern Ontario.
He told reporters in Toronto on Wednesday prices are up at the pumps because of speculation in international oil and gas markets. 国际油加周三是跌的。
McGuinty also said any cut in provincial taxes on gasoline would be immediately filled by the gas companies, so prices won't drop.
He pointed out that the tax isn't to blame for driving up prices gasoline prices in Vancouver and Montreal, which have higher prices than Toronto.
Last year the premier said companies would pass along their savings from the HST in the form of lower prices for consumers.
The opposition parties say the government rakes in more money every time prices go up at the pumps because of the HST and the 14.7 cents per litre provincial excise tax on gasoline.
HST not to blame for gas price hike: McGuinty
Premier Dalton McGuinty says the HST isn't the reason gasoline prices are soaring to over $1.40 a litre in Toronto and to $1.50 in northern Ontario.
He told reporters in Toronto on Wednesday prices are up at the pumps because of speculation in international oil and gas markets. 国际油加周三是跌的。
McGuinty also said any cut in provincial taxes on gasoline would be immediately filled by the gas companies, so prices won't drop.
He pointed out that the tax isn't to blame for driving up prices gasoline prices in Vancouver and Montreal, which have higher prices than Toronto.
Last year the premier said companies would pass along their savings from the HST in the form of lower prices for consumers.
The opposition parties say the government rakes in more money every time prices go up at the pumps because of the HST and the 14.7 cents per litre provincial excise tax on gasoline.
