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Agriculture committee No, I believe—
February 6th, 2023Committee meeting
François Thibault
Agriculture committee Again, payment terms are part of the whole negotiation that we do with suppliers, so you can't take one specific example. You have to look at the whole thing that we negotiate with suppliers.
February 6th, 2023Committee meeting
François Thibault
Agriculture committee I'm not aware of that.
February 6th, 2023Committee meeting
François Thibault
Agriculture committee No, I'm not aware of that.
February 6th, 2023Committee meeting
François Thibault
Agriculture committee The fees we charge are negotiated and transparent. I think during the pandemic we showed some very reasonable sense on that. We favour local purchases. They're a big portion of our sales, especially in the summer. We've had a local sourcing policy since 2013 in Quebec and 2016 in Ontario, and it's part of our corporate social responsibility as well, to increase the relationship with suppliers—
February 6th, 2023Committee meeting
François Thibault
Agriculture committee Mr. Chair, committee members, good evening. Tonight I will discuss the growing inflationary pressures impacting the supply chain and food prices. There's no doubt that food prices have gone up due to rising costs for suppliers and producers. However, it's important to keep in mind that our retail prices do not reflect all the effects of inflation, because we absorb some of the costs.
February 6th, 2023Committee meeting
François Thibault