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Decentralized Democracy

House Hansard - 312

44th Parl. 1st Sess.
May 9, 2024 10:00AM
  • May/9/24 2:48:02 p.m.
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Mr. Speaker, after nine years of the NDP-Liberal Prime Minister, over two million Canadians are using a food bank every single month. The CEO of Food Banks Canada says that food banks are becoming unsustainable as more food banks are closing their doors because they are out of food, yet the Prime Minister is as determined as ever to drive up the cost of food as he refuses to listen to the millions of Canadians who want to axe his extreme tax. If the Prime Minister will not listen to us, why will he not at least listen to Food Banks Canada's CEO or maybe the millions of Canadians who are demanding that he lower the price of food by axing his extreme carbon tax.
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  • May/9/24 11:45:46 p.m.
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Mr. Speaker, that is a good question. Whenever any banks or any major telecoms merge, the scrutiny is very strict. There is always a review under the Competition Act. Banking regulators and public opinions are even brought into the question. It is only after thorough commitments and signs from such parties do they actually agree in these cases. Many have been rejected or have been pushed back before. In this case, they are being cautious. Currently, in the competition world, our grocery sector is the one that everyone is monitoring very strongly and carefully. In that case, I think we will see the addition of more competition rather than any mergers or reductions.
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