In Canada I assume the vast majority of the increase goes to corporate profits because that’s what our economy seems designed to maximise, but it’s also worth noting that world food prices are back up to levels not seen since the 1970s: https://www.fao.org/worldfoodsituation/foodpricesindex/en/
Perhaps the prime minister could take a moment out of his busy schedule to tell us what the fuck he was thinking if it’s anything other than “we’re absolutely desperate to make a deal and have no choice but to give them whatever they want.”