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

Woman dead, man critical in Surrey, B.C., attack

The survivor has life-threatening injuries, but police say the public is not believed to be at risk. IHIT is trying to determine if the tripped alarm and triggered sprinklers could be linked to the case.

Woman dead, man critical in Surrey, B.C., attack

IHIT identify Burnaby shooting victim as a 17 year old male

IHIT investigators have identified the victim as a 17-year old man, who lived in the complex in which the shooting took place. At approximately 9:15 a.m. a White Nissan Rogue was reported to have been set on fire in the area of 173 Street and 101 Avenue in Surrey.

IHIT identify Burnaby shooting victim as a 17 year old male

Surrey RCMP investigate multiple acts of man exposing himself

On Wednesday, Surrey RCMP received a report that a man was masturbating in the pathway behind a townhouse complex located in the 6400-block of 168 Street. The man jumped a fence entering the backyard of one of the units, and then used a flashlight to capture the attention of the residents before shining the light on his exposed genitalia.

Surrey RCMP investigate multiple acts of man exposing himself

Abbotsford Police investigate home invasion and find a drug lab and a man's body

Upon police arrival, officers located a body of a man. During the search of the home, police also found a drug lab. Early indications suggest that this incident is targeted, and the public is not at risk.

Abbotsford Police investigate home invasion and find a drug lab and a man's body

Canada summons Chinese ambassador over balloon

Canada's Department of National Defence said the balloon's movements were being actively tracked by the North American Aerospace Defence Command, which is responsible for monitoring airborne threats to the continent.

Canada summons Chinese ambassador over balloon

Freeland meets with finance ministers in Toronto

The meeting will focus on the economic situation both domestically and globally, according to a federal source with knowledge of the gathering, including discussions on how to provide incentives and supports to be competitive with the U.S.'s Inflation Reduction Act.