Thank you, Mr. Chair. In reality, it would be nice if this motion was true, and we were going to give our residents a four-month tax break, but it's really not true, because we have a letter here stating that, on September 1st, if the NWT doesn't put their package in place, the federal government will implement theirs. That means that home heating fuel, for example, as the Minister mentioned, will be taxed. We have a lot of small companies in our territory, small businesses, large businesses, and homeowners who use a lot of home heating fuel and fuel during the winter months. Everybody will be seeing a tax if we go by the federal backstop. With our approach, it is a little easier for the residents of the Northwest Territories.
You know what? I don't support any taxes. Being from the second-highest cost of living in the Northwest Territories, which is the Mackenzie Delta next to Nunakput, we pay the highest costs. Gasoline is up to $1.72 a litre. Home heating fuel is $1.62. If we had $1.30 like it is here, people wouldn't notice it as much, but when you're paying $1.75 a litre, it is probably going to go up to close to $1.80 is just my rough guess in some communities.
You are going to see a lot of upset people here come September 1st, and for sure, we are going to get the most flak, but it's really not us who are implementing this. This is the Liberal government's approach to what they campaigned on when they ran. This is almost like the cannabis bill which we had to implement. I know our committee got a lot of flak over it, but like I said, we never put that in place. We just dealt with making sure that it is in place for the Northwest Territories. Right from the start, I said that I don't approve of any tax coming to our territory, but in this case, this is a much better deal for residents of the Northwest Territories. I will have to not support this one. Thank you, Mr. Chair.