SoVote

Oct/6/22 10:17:59 a.m.
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Madam Speaker, as my hon. colleague mentioned, yesterday the agriculture committee, with amendments from the Liberals, the Conservatives and the Bloc, passed his motion. I certainly think that reflects the working spirit of our committee. I do not disagree with the proposition of what the member is putting forward, but when I look at the text of the motion it seems to almost have the conclusion before the investigation has even happened. When he talks about high corporate profits and high food prices, I guess my question for the hon. member is this. Is he asserting that there is absolute price gouging happening in this country, or does he think there are plausible reasons as to why corporate profits and food prices are higher? For example, because many Canadians are buying groceries as opposed to going to restaurants, that could have driven profits higher at the same time as we are facing inflationary pressures. Does he think there is legitimate price gouging happening in this country, or are there plausible reasons as to why those two things could exist at the same time?

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Context: House Hansard - 109 - Oct/6/22

Ms. Lori Idlout (Nunavut, NDP)

Oct/6/22 12:25:19 p.m.
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Uqaqtittiji, big grocery stores are taking too much from struggling Canadians. Much of the time the north experiences unique challenges. Unfortunately, the north is not immune to this issue. NorthMart, owned by the North West Company, reported net earnings of over $150 million in 2021. This is nearly a 10% increase from the year before. Canadians need answers. Shareholders profited from increased prices while families went hungry. In Nunavut, one in four households are severely food insecure. Food Banks Canada reported that many of these families are female-led. It said that, in 2020, the cost to feed a family of four in Iqaluit was roughly $1,721 per month. In Ottawa, that cost was around $868. That is almost doubled in Iqaluit. No one should have to worry about putting food on the table. Nunavummiut have been past this breaking point for years. The current inflation has worsened the situation for my constituents. The federal nutrition north program is failing to make a meaningful difference. The price of bread ranges from three dollars to five dollars. In the rest of Canada, that price is less than two dollars. Subsidies from the federal nutrition north program should be going to families. Instead, the $103-million program is failing to make a difference in the price of food. Grocery stores are using the money for their own interests. In return, food prices continue to climb. Nunavummiut deserve answers. Nunavut is being geodiscriminated against because food needs to be flown into communities. With no competitive regulations, food costs continue to climb with no intervention. Nunavummiut are forced to pay these costs because there are no alternatives. Without a competitive food market, costs will go unregulated. Southern companies line their pockets with profits while northern communities go without. Northern retailers receive a subsidy for every kilogram of staple food they ship to northern communities. There are no rules on pricing. They are taking advantage of the money, and the families in Nunavut are the ones who suffer. Climate change and corporate greed are making it more difficult for Inuit to have access to traditional foods. Caribou populations are declining, and increased stress on other species is having an effect. By limiting what can be harvested, there is more reliance on food from grocery stores. Food insecurity in the north is the longest-lasting public health emergency in Canadian history. This problem is not a new one, but it is one that continues to be ignored. The wages of workers are not keeping up with food costs. Children are going to school hungry. Food is a human right, not a luxury, but the current price of food is saying otherwise. Change needs to happen. We cannot keep going at this rate. CEOs and big corporations are not paying what they owe. My community and others like it are suffering. Corporate greed will not stop unless we make it stop. An investigation needs to occur. The penalties for price-fixing need to be more strict. A slap on the wrist is not enough. One company should not have this much power. I thank poverty advocate Irene Breckon, from Elliot Lake, a member of the riding of Algoma—Manitoulin—Kapuskasing, who initiated the class action lawsuit that brought this issue to light. Shipping costs can no longer be an excuse for the rising costs of food. We need to look at the root of the problem. Nearly $30 billion in taxes were avoided in 2021 by CEOs and big corporations. This is where the problem is. This is where change needs to happen. Canadians deserve answers. We need to support the Standing Committee on Agriculture and Agri-Food. Action needs to happen. Data needs to be made available. My community deserves answers. Without a competitive food market, tinfoil can be priced at $64. Indigenous communities will continue to be at risk at this rate.

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All Topics

Context: House Hansard - 109 - Oct/6/22

Ms. Lori Idlout

Oct/6/22 12:32:00 p.m.
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Uqaqtittiji, the first question I would ask is how they formulate profits over prices, because prices do not need to be at the cost of profits going to CEOs.

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Context: House Hansard - 109 - Oct/6/22

Ms. Sylvie Bérubé (Abitibi—Baie-James—Nunavik—Eeyou, BQ)

Oct/6/22 4:01:55 p.m.
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Madam Speaker, I thank my hon. colleague from Timmins—James Bay for his speech. He talked mainly about food prices. It is important that we not confuse all the causes of rising food prices. We do not think that CEOs are the only ones to blame for the price increase. A unique set of circumstances involving a multitude of external factors is causing economic instability. These factors include rising operating costs related to COVID-19, higher input costs including more expensive staple foods, and poor harvests due to droughts and the impact of climate change in recent years. Could my colleague comment on that?

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Context: House Hansard - 109 - Oct/6/22

Mr. Peter Julian

Oct/6/22 5:05:40 p.m.
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Madam Speaker, of course, in the oil and gas sector, we have seen price gouging play out continuously. As the Canadian Centre for Policy Alternatives revealed in a study it did about oil and gas price gouging in this country, the reality is that oil and gas companies increase the price on old stock whenever there is an international event. We have certainly seen this with the deplorable Russian invasion of Ukraine. The oil and gas companies profiteered and benefited by raising the price on old stock. We know as well that as the new stock comes in at a lower price, they will keep the prices high. This is the price gouging the member should be speaking out against, because it has an impact on his constituents. However, the reality is that the Conservatives—

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