SoVote

Decentralized Democracy

Alistair MacGregor

  • Member of Parliament
  • Caucus Chair
  • NDP
  • Cowichan—Malahat—Langford
  • British Columbia
  • Voting Attendance: 66%
  • Expenses Last Quarter: $140,733.69

  • Government Page
  • Dec/13/23 5:45:22 p.m.
  • Watch
Madam Speaker, I do enjoy working with my fellow colleague on the agriculture committee. He will be familiar, from the multiple times that we have heard from grocery executives, that they are often talking about how they work in a low-margin industry. I think they present a slightly misleading argument. First of all, it should be pointed out that, in the last three years, their margins have doubled. If we look at it today, yes, when they are operating with a margin that is between 3% and 3.5%, it may look small. However, what people have to realize is that, when their gross revenues continue to climb, even though that margin may seem static, of course their profits will continue to rise as a result. I just wonder if my colleague can add a bit more to that because I have noticed a bit of defensiveness from the grocery CEOs and not enough attention is being paid to the fact that we do just have five companies controlling 80% of the market. Perhaps the member has some ideas on how we can try to turn that number around so that there is a bit more flexibility and competition there.
201 words
  • Hear!
  • Rabble!
  • star_border
  • Apr/26/22 3:27:25 p.m.
  • Watch
Mr. Speaker, I serve as our party's agriculture critic, and we have certainly heard in the agriculture committee many of the concerns that my friend from Perth—Wellington has talked about. I guess the conundrum for my Conservative friends is that in their belief in the free market, sometimes that market chases areas of production that are in very undesirable countries, such as Russia. Russia, for example, supplies 16% of our fertilizer market, and of course, we are now finding those prices being impacted by the war in Ukraine. We know Canada has vast reserves of potash, but our manufacturing capacity has been hollowed out. Would the member support our building more capacity in fertilizer manufacturing here in Canada, so we can have that resiliency and food security here in Canada, where it so rightly belongs?
138 words
  • Hear!
  • Rabble!
  • star_border