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

Railtown man allegedly shoots a gun inside his apartment, neighbours evacuated: VPD

A person who was with the man when he began firing quickly fled and called 9-1-1, reporting that the shooter had been acting strangely for several days. VPD officers surrounded the building and evacuated neighbours who were in harm’s way so they could begin communicating with the suspect.

Railtown man allegedly shoots a gun inside his apartment, neighbours evacuated: VPD

21 year old Sikh woman, Pawanpreet Kaur, shot dead outside gas station in Mississauga

Police are on a lookout for the suspect who was dressed in all dark clothing and was observed leaving the scene on foot following the incident. Calling it a targeted incident, the police has launched a homicide investigation.

21 year old Sikh woman, Pawanpreet Kaur, shot dead outside gas station in Mississauga

Canada to fund programs for immigrant health staff

Minister of Immigration Sean Fraser says the federal government is calling for proposals for projects that offer Canadian work experience for internationally trained health professionals or streamline the process that recognizes international medical credentials.

Canada to fund programs for immigrant health staff

Chinese immigration to Canada record high from 2015, as some flee zero-COVID strategy

Tiffany, a Richmond, B.C., immigration consultant who only wanted her first name used for fear of reprisals against her family from China,said many of her clients say China’s zero-COVID strategy made them feel “their freedom and liberties have been stripped away."

Chinese immigration to Canada record high from 2015, as some flee zero-COVID strategy

Pharmacists ask parents not to stockpile kids meds

The federal government imported one million units of children's acetaminophen — commonly known as Tylenol — as emergency relief amid a shortage coupled with soaring rates of influenza and respiratory syncytial virus, also known as RSV.

Pharmacists ask parents not to stockpile kids meds

B.C.'s COVID response praised for 'nimbleness'

The review made 26 findings, including recommendations around better communications, transparency, data collection and improved public trust. Farnworth said the government tried to be as open as possible during the pandemic and based its decisions on the best public health advice available.