SoVote

Decentralized Democracy

Maxime Blanchette-Joncas

  • Member of Parliament
  • Member of Parliament
  • Bloc Québécois
  • Rimouski-Neigette—Témiscouata—Les Basques
  • Quebec
  • Voting Attendance: 68%
  • Expenses Last Quarter: $115,154.34

  • Government Page
Madam Speaker, the bill before us would amend two federal laws, the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act to provide that the perishable fruits and vegetables sold by a supplier to a purchaser, as well as the proceeds of sale of those fruits and vegetables, are to be held in trust by the purchaser for the supplier. What this bill would actually do is provide special protection to suppliers of fruits and vegetables if a client were to go bankrupt. At present, the regime that applies in the event of a buyer bankruptcy allows a supplier to take back the goods sold to the buyer. In the case of fruits and vegetables, the problem is very simple. In the time it takes for the administrative measures to be completed, there is a high risk that the fruits and vegetables will no longer be fresh and their value reduced to zero. Suppliers would see the goods they worked so hard to produce be thrown away without having any recourse.
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