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
2025-07-15:	137.9	167.9	143.9
2025-07-14:	137.9	167.9	143.9
2025-07-13:	137.9	167.9	143.9
2025-07-12:	136.9	166.9	141.9
2025-07-11:	137.9	167.9	142.9

Price History

Toronto Prices

From Our FAQs:

Can governments do anything about high gas prices?