Pin It

Tuesday, October 21, 2008

Chamber calls for ending of gas regulation

Posted By on Tue, Oct 21, 2008 at 11:18 AM

A press release:

The Halifax Chamber of Commerce is calling on the provincial government to bring an end to gas regulation when the house resumes later this month.

Gas regulation in Nova Scotia has been in effect since July 1, 2007. Promises of stable gasoline prices and increased opportunities for independent gasoline retailers to make a profit, especially in the rural areas, haven’t materialized.

“The government knew that gas regulation wouldn’t work and now that it has failed, it’s time to put an end to it” says Valerie Payn, Chamber President. “The benefit of minimal price stability isn’t worth the pain of paying more at the pumps”.

The Chamber is urging MLAs to bring this issue forward as soon as the house resumes “We can’t afford to wait until a study is done” says Payn. “The experiement didn’t work, so let’s put an end to it now –free market forces, not the government, ultimately determine the price of gasoline.”Economists know that regulation cannot greatly influence gasoline prices. Gasoline is a commodity, whose price is greatly influenced by worldwide events. In September, Nova Scotians experienced this when hurricane Ike caused the price at the pump to sky rocket to over $1.44 a litre. The first day of the fall sitting of the provincial legislature is Thursday, October 30, 2008.

It was a silly idea from the start, but we'll see if Rodney will turn his back on what is perceived to be his rural constituency.

Survey Asks

Who’s Nova Scotia’s worst tin-pot Doug Ford knockoff?

  • Matt Whitman
  • John Lohr
  • Hannah Dawson-Murphy
  • Elizabeth Smith-McCrossin
  • Tristan Flynn
  • Some other “personality” (suggest names in the comments)

View Results


Subscribe to this thread:

Add a comment

Remember, it's entirely possible to disagree without spiralling into a thread of negativity and personal attacks. We have the right to remove (and you have the right to report) any comments that go against our policy.

Coast Top Ten


    White noise


    White noise

    posted by REBECCA THOMAS, Aug 30/18

    Letting your guard down to party loud and proud in the streets is a privilege students of colour don’t often have. comments      2

More »

Reality Bites

More »


More »

In Print This Week

Vol 26, No 17
September 20, 2018

Cover Gallery »

Real Time Web Analytics

© 2018 Coast Publishing Ltd.