Madam Speaker, it is clear that this issue is complex. There are many different factors that we need to be looking at.
However, in response to the member's question, I will quote from an article about Jim Stanford, an economist and director of the Centre for Future Work, who says that when people spend more on shopping, it inflates supermarket profits. This is “acting as a kind of trickle-up economics and transferring wealth from the poorest to the richest.
“The inflation we're seeing ‘wasn't caused by wages,’ Stanford said, or by workers. ‘It's caused by greed.’”
This is why this motion is so important. We need to look at what is happening, look at the greedflation that is happening around us and finally start having those who are profiting off the backs of Canadians pay their fair share.