Madam Speaker, the first point I would make is that the member seems to be suggesting that corporations were not greedy eight years ago because food prices were much lower then and that suddenly now, maybe it is something in the water, the level of greed in the country has grown dramatically over the last eight years, and that is the sudden cause of food price increases.
The reality is that big corporations always do well in an inflationary environment, and the reason is very simple. If we have stuff, then we get richer when stuff goes up in price; if we need stuff, we get poorer when stuff goes up in price. That is why inflation is always a tax on the poorest people to the benefit of a tiny minority on top. It is not just those who sell stuff, but also those who own assets who become better off.
That is why I warned, in the House of Commons, in the fall of 2020, that printing $600 billion was going to lead the billionaire class to become extremely wealthy, and it did. The gap between rich and poor has grown. I knew this would happen because when hundreds of billions of dollars are funnelled into the financial system, it balloons the assets of the people who have, and it increases the costs on those who have not.
Inflation is the most immoral tax. It is the tax that takes from the have-nots to give to the have-yachts. Not only will Conservatives get rid of the carbon tax on food, but also we will get rid of the inflation tax on everybody.