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Post : Promises from Ontario’s three main political parties on gas prices
URL : http://nationalpost.com/pmn/pmn-news/promises-from-ontarios-three-main-political-parties-on-gas-prices
Posted : May 16, 2018 at 12:11 pm
Author : The Canadian Press
Tags : CP
Categories : PMN Canada, PMN News, PMN Politics

Here's a glance at promises Ontario's three major political parties have made on gas prices:

PROGRESSIVE CONSERVATIVES: Cut gas prices by 10 cents per litre by scrapping the province's cap-and-trade system and lowering the provincial gas tax. Cap and trade has added 4.3 cents a litre to the price of gas. The Tories would cut the provincial gas tax by 5.7 cents a litre.

NDP: The platform promises to bring "stability and transparency to gas prices," based on a 2017 private member's bill that would regulate gas prices. Gilles Bisson's bill would have allowed the Ontario Energy Board to control both the retail price and wholesale mark-up of petroleum products in the province.

LIBERALS: Their cap-and-trade program added 4.3 cents per litre to the price of gasoline. They also promised to double municipalities' share of the gas tax. The province currently gets 14.7 cents per litre and gives two cents per litre to municipalities for transit funding. The Liberals have said they would raise that to four cents by 2021 without increasing what drivers pay.

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