Agriculture committee  I feel very much the same way. If the Competition Bureau isn't getting the information they need from us, all they need to do is call us and let us know and we'll be happy to make it available.

Agriculture committee  I certainly believe that Canadians expect us to pay our taxes and to pay our fair share of taxes. We do. Last year, Loblaw paid $850 million in tax. I've said this before. I think you have to have the right definition of a windfall tax, then determine exactly who should pay it. When I go back to this point about looking at the entire value chain, if there is a windfall, then it needs to be assessed throughout the entire value chain, not just at the end of the value chain.

Agriculture committee  Yes, it certainly can, based on the submissions we provided. If I can comment very briefly, though, we're focusing on.... I know I keep saying it over and over again. It's probably frustrating you. However, this $1 is what we're focused on, of the $25. All of this time, effort and exposition is focused on that amount.

Agriculture committee  We do try our best to do business in a fair and transparent way. We believe that we do business in a fair and transparent way 99% of the time. If you think about what we do, we buy products and we sell them, and we negotiate with the people who sell us the product for the lowest possible prices.

Agriculture committee  Okay, I'd be happy to start. It's a great question. I can't comment with any real precision on what the government policies have been and the impact that they've had on manufacturers' or growers' costs of doing business. I know in our case, for example, with milk, our most popular dairy SKU we sell below cost every single day.

Agriculture committee  I'd certainly be delighted to have a look at them. I get feedback, and I don't know if they're similar volumes—

Agriculture committee  I don't know if they are similar to the volumes of email that I get regularly inside Loblaw, and I respond to them on a case-by-case, person-by-person basis, so it's more than just one individual.

Agriculture committee  I'd certainly be happy to take a look at them.

Agriculture committee  No, I said I'd be happy to take a look at them and—

Agriculture committee  I would like to take a look at them and determine what the most appropriate form of response is.

Agriculture committee  It's a big number, especially if you multiply it over the course of 356 days, but the math is still the same. The math is that on a very large sales base, that incremental profit represents about 13¢ on a $25 grocery basket. I would just reiterate that the cost.... We're in unprecedented times.

Agriculture committee  I don't agree with your characterization of excess profits. I am giving you the facts, and—

Agriculture committee  I disagree with the characterization of the report from the professor. The facts are as I described them.

Agriculture committee  I think it was Mr. Medline who said that.

Agriculture committee  I am happy to answer. We are continuing to work on that code of conduct, as I've mentioned before. The idea is to create the right form of transparency and fairness on all sides, and so—