Thank you, Mr. Chair.
Mr. Weston, the code of conduct industry group's response to your company was pretty scathing. They said that, contrary to your claims, there was no evidence to suggest the code will either raise food prices or negatively impact the ability of retailers to meet consumer demand. They said, if anything, all the available evidence actually shows that it will curb grocery price inflation.
Is your apprehension about the code due more to the fact that you think it's going to hurt Loblaw's bottom line, instead of negatively impacting consumers? They've laid out a fairly substantial case here to refute everything that you've said so far.