National

Champagne to announce initial commitments from grocers to stabilize prices today

Darpan News Desk The Canadian Press, 05 Oct, 2023 11:25 AM

Industry Minister François-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices.

We know Canadians are frustrated with the rising food prices.

That’s why we’re implementing solutions to stabilize food prices.

We will continue to work with all players in the food industry to stabilize food prices in Canada and make life more affordable. pic.twitter.com/d1G7n9X3mb
— François-Philippe Champagne (FPC) 🇨🇦 (@FP_Champagne) October 5, 2023

The Liberal government called on Canada's major grocers last month to present a plan to stabilize prices by Thanksgiving, or face consequences.

Champagne told a conference hosted by the Competition Bureau in Ottawa that the announcement is coming later on Thursday.

"What you will see today is their commitments with an initial plan," Champagne said in French.

He is scheduled to hold a news conference alongside other cabinet ministers Thursday afternoon.

Rising grocery prices have been a major pain point for Canadians and tend to disproportionately affect lower-income families who spend more of their income on food.

Grocery prices in August rose 6.9 per cent from a year ago, while the overall inflation rate was four per cent.

The Liberals are also pursuing changes to the Competition Act, which Champagne is calling a first step toward modernizing the law.

Prev Next

MORE National ARTICLES

Surrey RCMP need assault suspects of South Asian descent to be identified

Surrey RCMP is releasing two short videos from the scene that shows three suspects who are believed to be involved in the assault. The first video shows a suspect who is described as a South Asian man in his mid-20s to early-30s, with a long black beard, wearing all dark clothing, blue vest and a small blue turban.

Surrey RCMP need assault suspects of South Asian descent to be identified

Surrey Ethics commissioner reviewing complaint against a councillor

Rob Stutt is a former R-C-M-P officer and the Surrey municipal police union says Stutt's children are currently employed by the Mounties. The union says Stutt was in a conflict of interest when he voted to keep the R-C-M-P in Surrey, noting that the vote passed by a razor-thin margin of five to four.

Surrey Ethics commissioner reviewing complaint against a councillor

Vancouver man arrested in relation to illicit drug dispensary

Vancouver police have arrested a 51-year-old man for drug trafficking in connection with an illicit drug dispensary. Officers say the suspect was selling cocaine, methamphetamine, and heroin out of a mobile trailer in the city's Downtown Eastside.

Vancouver man arrested in relation to illicit drug dispensary

Richmond RCMP seek missing man Mandeep Singh Dosanjh

Mandeep Singh Dosanjh last spoke with family members at approximately 11 a.m. on April 29th. He is believed to have been staying at a hotel along the 8600 block of Alexandra Road in Richmond that evening, but checked out in the early morning hours.

Richmond RCMP seek missing man Mandeep Singh Dosanjh

Air quality advisory issued for parts of Interior BC

Environment Canada has issued an air quality advisory for Prince George and the surrounding area due to high concentrations of coarse particulate matter, or dust. It says dust levels tend to be highest around busy roads and industrial operations.

Air quality advisory issued for parts of Interior BC

US man sentenced to 2.5 years in prison for firearms charges: CBSA

The Canada Border Services Agency says a man from the United States has been sentenced to 30 months in prison after pleading guilty to the possession of loaded, restricted and prohibited firearms without a license. A statement from the service says the man was referred for secondary screening while trying to enter Canada at the Pacific Highway border crossing in March.