Urgent action is needed. Earlier, you were told about the pressure on corporate profit margins. I have three figures for you.
In Quebec, between 2018 and 2023, profit margins for small produce businesses fell from 18.6% to 8.5%. For medium-sized businesses, they dropped from 21.4% to 9.8%, and for larger businesses, from 16.7% to 11.3%. We see that the increase in costs compared to the sale price at the farm gate means that profit margins are declining and the pressure limits the farms' ability to invest.
