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House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
Context: House Hansard - 107 - Oct/4/22
Mr. Blake Desjarlais (Edmonton Griesbach, NDP)
  • Oct/4/22 11:19:38 a.m.
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  • Re: Bill C-30 
Madam Speaker, a critical piece to the rise in the cost of living for Canadians is actually corporate greed. Some 23.6% of Canadians have to cut back on their food. Simultaneously, we are seeing CEOs at Loblaws, for example, bringing in literally billions of dollars, $9 billion. We see some CEOs pay out upwards of $125 million to their shareholders. Could the member comment on the role greed is playing in Canada's economy and the cost that Canadians are paying?
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Context: House Hansard - 107 - Oct/4/22
Mr. Blake Desjarlais (Edmonton Griesbach, NDP)
  • Oct/4/22 12:34:55 p.m.
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  • Re: Bill C-30 
Mr. Speaker, Canadians are going through one of the greatest cost of living crises for this generation. A recent study, for example, showed that 23.6% of Canadians have had to cut back on their food purchases. These are critical foods, from fresh produce to things like flour, but what I have not heard the member mention is the cost of corporate greed. The reality is that people, everyday Canadians, are paying more at the pump and at grocery stores, while the CEO of Sobeys, for example, raked in 15.5% more in his total compensation budget, coming in at $8.6 million. Would the member agree that we have to rein in the massive excess profits of companies like Sobeys that are profiting off the backs of hurting Canadians?
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