Mr. Robert McCubbin (Parliamentary Assistant to the Minister of Agriculture):
Yesterday, Mr. Speaker, the hon. member for Cape Breton South (Mr. Gillis) asked a question about potato prices, and why they were so high. I shall endeavour to give an answer. On May 31 of this year the storage holdings of potatoes totalled only 723,000 bushels, whereas a year ago they totalled 3,489,000 bushels. The surplus this year is very small as compared to last year. A short time ago the United States removed the price ceiling from potatoes, so the small surplus we had went to the United States and paid the 37-J cents per hundred pounds tariff.
It will not be long before new potatoes are available; in fact they are available now in the United States.
Subtopic: REASON FOR HIGH PRICES