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Agriculture committee We'll look into it and get back to you on this.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee There is a fuel surcharge in the market.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee Yes. We're paying for gas for our own fleet.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee I think the consumer out there is worried. I think you represent the consumer, so I think that's why we're sitting here. We also represent our own members. For us, everything we can do to lower prices would be better for business out there. The more consumers who can afford to buy their food, the better it will be for Canadians.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee If you don't mind, I would like to go back to the code of conduct and my comment on it, just to make sure we're clear about that thing.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee I think it's a very important subject.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee Okay. With respect to the grocery code of conduct, we strictly adhere to the principles of our code of ethics, which require us to obey the law, take care of our members and employees, respect our suppliers and reward our shareholders. It isn't difficult for us to support the principles of the code.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee I was part of one meeting with Minister Champagne.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee You know, Costco's point of view on this, and my personal point of view, is we all need to work together. I think there's a lot that can be done to help consumers across the country. It starts with the infrastructure in Canada, and we have some work to do. Rail is something that can be improved.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee At Costco we don't freeze prices. We work with our suppliers and we negotiate with them. If they come to us two weeks before Christmas, we're going to be a little bit tougher and say, “You know, let's wait,” because it's not a nice gift for consumers, but we don't freeze prices.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee Good morning, Mr. Chair, vice‑chairs and committee members. As you know, Costco's unique organizational structure sets it apart from other grocers. Costco is a warehouse club that enables members to benefit from purchasing power. This helps us keep our prices as low as possible.
February 13th, 2024Committee meeting
Pierre Riel
Agriculture committee I can look for it.
April 17th, 2023Committee meeting
Pierre Riel
April 17th, 2023Committee meeting
Pierre Riel
Agriculture committee No, we're not.... We're still into fresh beef and fresh meat and the overall things there.
April 17th, 2023Committee meeting
Pierre Riel
Agriculture committee I don't have the data with me to give you, sir. We did not do a comparison.
April 17th, 2023Committee meeting
Pierre Riel