Okay.
I want to leave the last words to you, Mr. Skelton. If these regulations go ahead, tell us what the impact on Canadian businesses in the NHP industry and consumers will be in this country.
Evidence of meeting #85 for Health in the 44th Parliament, 1st session. (The original version is on Parliament’s site, as are the minutes.) The winning word was industry.
A video is available from Parliament.
NDP
Don Davies NDP Vancouver Kingsway, BC
Okay.
I want to leave the last words to you, Mr. Skelton. If these regulations go ahead, tell us what the impact on Canadian businesses in the NHP industry and consumers will be in this country.
President and Chief Executive Officer, Canadian Health Food Association
Thank you very much for the question.
We know first-hand through our engagement that a significant portion of businesses would be financially unviable. Those businesses employ Canadians and service other Canadians. Products on the shelf would be drastically reduced and the prices of the products that remain would go up.
At a time when Canadians are looking for the most efficient way to spend every dollar they have, this would make utilizing natural health products to support their health that much more challenging, all while leaving online international markets open for lower-cost products, which don't have the same sort of rigour and regulation oversight that we're so proud of here in Canada.
Liberal
The Chair Liberal Sean Casey
Thank you very much, Mr. Davies.
Thank you to all of our witnesses for your patience, expertise and for cramming an awful lot of information into the time allotted. Be assured that we greatly appreciate your being here with us today and sharing your expertise in the way that you have.
Colleagues, is it the will of the committee to adjourn the meeting?