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House Hansard - 219

44th Parl. 1st Sess.
September 18, 2023 11:00AM
Context: House Hansard - 219 - Sep/18/23
Mr. Alexandre Boulerice (Rosemont—La Petite-Patrie, NDP)
  • Sep/18/23 2:55:13 p.m.
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Mr. Speaker, all summer long we heard about how people cannot afford groceries. Prices are skyrocketing. Grocery chains are making record profits, and CEOs are cashing in big time. What did the Liberals do about it? They held a meeting. They told those CEOs to be nice or else. Or else what? What a joke. The NDP leader is going to introduce a bill to give the Competition Bureau real teeth. It is a real, practical solution. When will the Liberals take action to help people put food on the table?
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Context: House Hansard - 219 - Sep/18/23
Mr. Jagmeet Singh (Burnaby South, NDP)
moved for leave to introduce Bill C-352, An Act to amend the Competition Act and the Competition Tribunal Act. He said: Madam Speaker, Canadians are hurting with record-high grocery bills. For 20 months in a row, food prices rose faster than inflation and the Liberals did nothing about it. They protected the profits of rich CEOs and let everyone end up paying the price. The Leader of the Opposition let food prices rise by 25% when he was in power and let big grocery stores pay less taxes. CEOs got big breaks while everyone paid more. It does not have to be this way. Today, I introduce the lowering prices for Canadians act. This bill will increase fines and make it easier for the Competition Bureau to crack down on price-gouging, price-fixing and other abuses of Canadian consumers. It will stop the mergers that hurt Canadians. It is time that we end the free ride of CEOs and big corporations. Today I am introducing the lowering prices for Canadians act. It will increase the fines issued to companies that abuse consumers, and it will make it possible to stop corporate mergers that hurt Canadians.
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