Every year, when we write “Canada's Food Price Report”, climate change is the number one factor. It's the wild card. For a few years, it was COVID and climate change. Climate change is really a big factor. It doesn't mean that it will drive prices higher; it makes things more unpredictable.
I think the focus of this committee in looking at food price stability is to look at price volatility, and not necessarily food inflation. We need inflation to grow the economy. Demonizing inflation, to me, is a waste of time. We need to focus more on price volatility, and climate change certainly does that.