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Decentralized Democracy

House Hansard - 324

44th Parl. 1st Sess.
June 4, 2024 10:00AM
Context: House Hansard - 324 - Jun/4/24
Mr. Kevin Lamoureux
  • Jun/4/24 3:23:31 p.m.
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Mr. Speaker, it was the Prime Minister and the Liberal government that modernized the Competition Act, which ensured things such as the Competition Bureau would have not only more resources but also better capabilities in ensuring there is a higher sense of accountability and transparency dealing with competition in all areas or industries, including groceries. I would argue it is one of the reasons we are starting to now see more stability in some of the prices on groceries. I would suggest to the member that there are tangible actions the government has taken to support what we are talking about, and that is recognizing the cost of food. As a governing body, we have to do what we can to support Canadians and to keep grocery prices down. One thing I referred to earlier was the food data bank on pricing, in which we can individualize a province and get a sense of whether the actual costs have changed over the last number of months. Our policy, whether it is budgetary or legislative, is having a positive impact on prices of food. It does not mean we cannot do more. There is always room for improvement.
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Context: House Hansard - 324 - Jun/4/24
Mr. Taylor Bachrach
  • Jun/4/24 5:05:29 p.m.
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Mr. Speaker, the Conservatives continue to pluck away on this one-string banjo about the carbon price and its effect on what they say is the price of everything. There is a small impact. People have dug into these numbers and there is actual evidence as to the impact of the carbon pricing on things such as food. Professor Trevor Tombe from the University of Calgary looked into this and found that the overall impact is about 0.3% per year. We saw with grocery prices, at the height of it, that it was around 11% per year. At 0.3%, it would mean that, if a bag of groceries goes up a dollar, that is an infinitesimally small amount. A third of a cent on that dollar would be the impact of the carbon tax. I think we need to keep things in perspective. It is not that there is no impact, but when we look at the profits these companies are raking in, the effect of that on the prices that people are paying is dozens of times higher.
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