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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
Context: House Hansard - 233 - Oct/17/23
Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)
  • Oct/17/23 2:56:14 p.m.
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Mr. Speaker, the Liberals' out-of-touch plan of nicely asking rich grocery CEOs to lower prices has not worked. Wishing and hoping that rich CEOs will do the right thing will not help families put food on the table. Grocery prices are still going up after 22 months. Canadians expect action, but the Liberals are out to lunch, and the Conservatives are all words and have no real plan. When is the minister going to get real about helping Canadian families, and support the NDP's plan to lower food prices?
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Context: House Hansard - 233 - Oct/17/23
Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)
  • Oct/17/23 4:52:37 p.m.
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Mr. Speaker, the problem I have with the motion that is being brought forward by the Conservatives today is that it ignores the real cause of inflation in Canada. We only need to look at publicly available figures to see that in the last three years, in whatever corporate sector we want to name, their profits have skyrocketed over the last three years. With the Bank of Canada, the old saying is that when the only tool one has is a hammer, every problem looks like a nail. In response to that corporate greed-driven inflation, the Bank of Canada raises interest rates, and that is why we are seeing the pain and suffering. The Conservatives want to completely ignore corporate greed. That is okay. If they want to defend corporate Canada against the interests of their own constituents, I am fine with that, but the Liberals cannot be let off the hook here. There is an incredible amount of wealth being generated in Canada, but it is going to fewer and fewer people. I want to know why the Liberals are not doing more to tackle corporate greed, which is hurting too many Canadian families.
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Context: House Hansard - 233 - Oct/17/23
Mr. Alistair MacGregor (Cowichan—Malahat—Langford, NDP)
  • Oct/17/23 5:06:51 p.m.
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Mr. Speaker, I enjoy serving with my colleague on the Standing Committee on Agriculture and Agri-Food. I would agree with her that the Conservatives have concocted a false narrative about the real causes of inflation. They are willfully ignoring what all of the evidence can show anyone who takes the time to look. The unfortunate thing is that the Liberals have been asleep at the switch and have allowed that false narrative to take root. We have seen 22 months of rising food inflation and people are making difficult choices at the grocery store, yet the minister responsible for that file is only just now giving a stern talking to to grocery CEOs. Canadians are suffering and watching massive corporate profits, and what are those same corporations doing? They are laying off workers and using all of that profit to do stock buybacks and massive dividend payouts, which are often going to foreign investors and not benefiting people in Canada. We have all of this stuff happening. Does my hon. friend across the way believe her government should be doing more, and what should those steps be? We have an incredible amount of wealth being generated in Canada, but it is going to fewer and fewer people. That is what needs to change for people to have confidence in the economy again.
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