Thank you very much.
I'm just going to start with a brief statement that I hope will be of benefit to the committee, which is that the question of “greedflation” is not just a question about retailers and grocery. It is a question that applies to a much broader cross-section of the economy and other industries as well. There are those who would say that government largesse and financial support for Canadians is solely to blame for inflation.
Mr. Littler, is it the case that grocery prices have been going up because people, for instance, are getting a doubling of the GST rebate or some support with child care prices? Is that why grocers are raising their retail? Is it because there's so much demand that they're raising their prices, or do we actually have supply-driven inflation that's relatively insensitive to the extent of the demand?