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House Hansard - 228

44th Parl. 1st Sess.
October 3, 2023 10:00AM
Context: House Hansard - 228 - Oct/3/23
Mr. Alexandre Boulerice (Rosemont—La Petite-Patrie, NDP)
  • Oct/3/23 3:34:54 p.m.
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Mr. Speaker, that is yet another answer that is completely disconnected from reality. Families who have to renew their mortgage soon are headed for a cliff. Negligence by the Liberals and the Conservatives has resulted in the loss of one million affordable housing units in the country. In the meantime, the government has given the Bank of Canada the mandate to increase interest rates without any regard for how that will impact people. That is the Liberals' record: families worried about losing their home. It makes no sense. Why did the Prime Minister not give the Bank of Canada a clearer mandate to avoid this crisis?
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Context: House Hansard - 228 - Oct/3/23
Mr. Ryan Turnbull
  • Oct/3/23 4:52:42 p.m.
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  • Re: Bill C-56 
Madam Speaker, the Canadian Federation of Independent Grocers has stressed that restrictive covenants in lease or purchase agreements, a form of vertical restraint that is not currently reviewable as a competitor collaboration under the Competition Act, have a serious impact on the food supply for a significant number of Canadian communities. The International Center for Law & Economics also agreed that collaborations between any two actors have the possibility of harming competition, and that the Competition Act should not be limited arbitrarily in the sorts of agreements that it can review. In conclusion, the consultation process revealed many significant areas of concern for our Competition Act, informed by each stakeholder's unique perspective and valuable insight into the Canadian economy. The proposals that the government has chosen to advance were chosen to carefully target the most critical issues impacting affordability for Canadians in the near term and were informed by the inputs of a variety of actors. These three reforms represent much-needed updates to the Competition Act. They allow the Competition Bureau to better serve its mandate and will help make Canada a better place to live and do business. I hope all members will join me in supporting this bill's speedy passage.
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