Can governments do anything about high gas prices?

Question

Can governments do anything about high gas  prices?

d5admin · Accepted Answer

Yes, plenty. Starting with suspending carbon taxes, rebating the windfall from the GST or HST applied as a percentage to the higher price. It's not money they've budgeted for and its creating a significant financial burden on Canadians - even those that don't drive. Been to a grocery store and checked out food prices lately?

Date	Regular	Premium	Diesel
2026-01-08:	124.9	154.9	132.9
2026-01-07:	124.9	154.9	133.9
2026-01-06:	123.9	153.9	132.9
2026-01-05:	123.9	153.9	132.9
2026-01-04:	123.9	153.9	132.9

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Can governments do anything about high gas prices?