Ontario Energy Minister Greg Rickford is calling upon the Competition Bureau to investigate gas prices. The minister says he's not satisfied savings from the end of the province's cap and trade program have been passed along to consumers.
"We intend to reduce the cost of gasoline for the province, and we're focused on understanding why it remains high here," he said.
Rickford was speaking to residents of Kenora this morning, where the price is at $1.28 a litre. Prices in neighbouring Manitoba have dipped as low as 90 cents a litre.
"We're focused on the high price of gas. This is a very serious investigation. It's what you're readers want to read about and what your listeners want to hear about," the minister continued.
During the spring provincial election campaign, the new Tory government in Toronto had promised to lower gas prices by 10 cents a litre. The price in July in Kenora was $1.38 a litre. Since that time, though the price of crude oil has dropped by about a third.
Earlier this month, a spokesman for the Competition Bureau said they wouldn't be able to confirm an ongoing investigation, or on the potential of an investigation. However, the bureau did invite the public to submit evidence of price-fixing.
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