SoVote

Decentralized Democracy

Gabriel Ste-Marie

  • Member of Parliament
  • Member of Parliament
  • Bloc Québécois
  • Joliette
  • Quebec
  • Voting Attendance: 68%
  • Expenses Last Quarter: $132,165.46

  • Government Page
  • Nov/23/23 10:52:18 p.m.
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  • Re: Bill C-56 
Mr. Speaker, that is a very good question. Bill C‑56 amends the Competition Act. This should have been done at least 20 years ago. If we look at what was happening in 1986, we see that there were 13 major players. As my colleague said, now there are only three. That number goes up to five if we include the two big American retailers that sell groceries, Walmart and Costco. These five companies form an oligopoly that controls 80% of the market. The Governor of the Bank of Canada told the Standing Committee on Finance that the problem is that there is no competition in that market because they are able to pass on 100% of the increase in input costs to consumers without reducing their profits. The competition is not working. Bill C‑56, when implemented, will prevent further issues in the long run, but it will not automatically restore a competitive market ecosystem in the food sector. Major challenges will remain. There is still a lot to do. Reducing food inflation requires many micro-interventions involving farmers, primary processors, and so on. It is a complex challenge, but there is certainly room for intervention in terms of large retailers that constitute an oligopoly. Bill C‑56 is a step in the right direction, but it is not the only solution.
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  • Mar/22/23 8:59:00 p.m.
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Madam Speaker, I thank my hon. colleague from New Westminster—Burnaby for his question and suggestion. As I said in my speech, we got that proposal adopted some time ago. I also believe that, when I served with the hon. member on the Standing Committee on Finance, those were the kinds of measures that we adopted and then asked the government to look at and implement. Those measures sought to promote local products and to give small business owners just starting out, including those in the spirits sector, an advantage when entering the market.
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  • Oct/6/22 4:14:01 p.m.
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Madam Speaker, I thank my colleague for his speech. With regard to possible collusion in the food distribution industry, we know that the industry is an oligopoly of five giants that control 90% of the market. These giants can easily agree amongst themselves to negotiate for low prices with agricultural producers or set high prices when selling to consumers. The motion alludes to this indirectly. I believe my favourite part of the motion is the one about asking the Competition Bureau to launch an investigation of the industry, of these giants, to check for collusion and excessive profits, a bit like what was done in England with the British Parliament. What does my colleague think of that?
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