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Agriculture committee If I might, the report the clerk circulated to you is Professor Cuming's report. We did not touch it. Volumes went into this. As you might imagine, the constitutional research and the bankruptcy research is all there. You have the 11 pages, and that includes the four pages that a
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee If I may be so bold, you would have to re-engineer an entire system. With all due respect, you have a situation here where a raspberry can be picked on Monday morning and be on your table by Friday. It is that dynamic that makes it impossible to have futures contracts. It is that
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Building on your last comment, this is about levelling the playing field between the U.S. and Canada. PACA in the U.S. is not perfect. This industry has been very clear that they're not looking for perfect; they just want the playing field levelled. The other thing I would thro
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee In the beginning, the original document, particularly his background at the beginning of the document, spent a lot of time talking about how a trust could be used before the firm became bankrupt. He had even gotten into a little bit about how the provinces could play a role in th
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Within the United States, the process of removing reciprocity is an administrative function. The act of PACA sets out who can and can't have it. Once it had royal assent, I can't speak for the USDA, but I can tell you, having visited with a number of them, that if it provides t
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Unfortunately, that's true on both sides of the border. What Jocelyn was trying to explain is that the rules we have at DRC are very similar to PACA. If you go bankrupt, close down your business, and just walk away, you can't come back and get another licence or another membershi
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee I think we should probably make a separation between those disputes that involve a legitimate inspection—for example, the strawberries weren't as red as they should be, so what we really are looking for is an adjustment service—as opposed to cases of somebody who just doesn't wan
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Okay. Absolutely. In fact, the gentleman who wrote the letter withdrawing reciprocity has laid out the point several times publicly about what it would take, and it is essentially the deemed trust.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Currently? The farmer does.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee The money will come from the gentleman who filed for bankruptcy. I will go back to my previous example, because I think it helps. The gentleman who took my product either has my product, he has the cash from selling my product, or he has my account receivable. I want whichever of
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Okay, but where did my account receivable go? It's gone somewhere else.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Yes, he's dissipated the trust, and therefore that money comes back to the farmer.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee Well, it's been working in the U.S. since 1984.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee I'll have to add myself to the line of people asking that question.
May 16th, 2016Committee meeting
Fred Webber
Agriculture committee If I might be so bold, I truly think it was confusion. It has only been in the last year that most people understood that we know the difference between solvency and insolvency, that we're not asking to copy what's in the U.S., that we understand the Canadian solution will be dif
May 16th, 2016Committee meeting
Fred Webber