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House Hansard - 158

44th Parl. 1st Sess.
February 10, 2023 10:00AM
Context: House Hansard - 158 - Feb/10/23
Mr. Scott Reid (Lanark—Frontenac—Kingston, CPC)
  • Feb/10/23 12:07:13 p.m.
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Madam Speaker, Canopy Growth, which is the largest private-sector employer in my riding, announced it is laying off half of its workforce. This is why: Canada's legal cannabis sector functions under crushing federal taxes and insanely high regulatory compliance costs. The result is that for consumers, legal cannabis costs about twice the price of illegal product. The government has made it impossible for legal producers to be competitive by closing this price gap. Having created this problem and a robust criminal sector while the legal sector languishes, how will the Liberals fix their own problem?
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Context: House Hansard - 158 - Feb/10/23
Mr. Andy Fillmore (Parliamentary Secretary to the Minister of Innovation, Science and Industry, Lib.)
  • Feb/10/23 12:07:54 p.m.
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Madam Speaker, of course many industries are experiencing supply chain disruptions. However, I want the member to know that we recognize the challenges and opportunities facing Canada's legal cannabis industry, and we continue to engage with stakeholders on a regular basis. We also understand that this news brings uncertainty for employees. Budget 2022 committed to launching a new cannabis strategy table that will support dialogue with businesses and stakeholders in the sector. This will provide an opportunity for the government to hear from industry leaders and to identify ways we can work together to grow that sector in Canada.
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