TORONTO (Feb. 14, 2000) — With gasoline and diesel prices at all-time highs, an Ontario government task force will hold public hearings today to review gasoline and diesel fuel prices and the lack of competition in the province.
Consumer Minister Bob Runciman said the hearings today will focus mainly on the federal government’s administration of the federal Competition Act and the sharp decline in independent gas station operators.
The Ontario government has the power to control gas and diesel prices through legislation. In 1975, Conservative premier Bill Davis froze gas prices for 90 days in 1975 after they began to rise. The Tory government also could provide relief by cutting provincial fuel taxes.
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