Carney's bill to counter the 27% increase in food prices over the last few years will mostly serve to subsidize the big 5 grocery stores - Loblaw, Sobeys, Metro, Costco & Walmart - which have already profited billions by that same 27% price increase:
Carney's bill includes:
$11.7 billion boost of 25% to GST benefits over 6 years. Canada Groceries and Essentials Benefit to 12 million low income Canadians.
$500 million to help businesses address the costs of supply chain disruptions without passing costs on to consumers.
$150-million Food Security Fund that will help small- and medium-sized businesses to expand greenhouses and abattoirs.
$20 million to food banks.
Poilievre said in the House yesterday that he will support the bill.
Gordon J Holtslander
in reply to Alison Creekside • • •Agriculture Canada did an inquiry into Canada’s grocery industry and found it extremely “vertically integrated”. The differenent suppliers all owned by the same corporations that “compete” (NOT) to supply groceries.
Ag Canada is being cut back, these analysis will be abandoned to fund the tax break that offers minor relief while falling to challenge the issue, subsidizing these corporations allowing the profits to further integrate the industry.
Grocery corporations invest their profitability in becoming more profitable through integration. Until politicians are willing to recognize and challenge this the problem will continue to become more extreme
Taxpayer’s are funding failure, Poilievre fully supports this policy
#cdnpoli
agriculture.canada.ca/en/secto…