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 is asking for the public’s help in locating missing woman, Traci Johal.

Traci Johal is described as a South Asian woman, 5’6”, 125 lbs., with shoulder-length dyed dark blonde hair. She was last seen wearing a white blouse, black or grey leggings, a black sweater and black running shoes. Her family and police are concerned about her well-being.

Surrey RCMP is asking for the public’s help in locating missing woman, Traci Johal.

Two bodies found in home in Chilliwack, B.C.

A statement from RCMP in the Fraser Valley city says police were called to the home in a rural area of Chilliwack on Tuesday afternoon. Officers determined the deaths appeared suspicious and the Integrated Homicide Investigation Team is now leading the case.

Two bodies found in home in Chilliwack, B.C.

Jury weighs in after man shot 9 times by B.C. cops

The coroners inquest probed the November 2016 death of Daniel Rintoul, who attacked and stabbed a staff member, tried to steal a gun from a gun case and took a hostage at an east Vancouver Canadian Tire. The 38-year-old, nearly six-foot, 350-pound man was shot nine times after repeatedly stabbing one of the officers who was trying to arrest him.

Jury weighs in after man shot 9 times by B.C. cops

Health fund talks end without deal as feds balk

British Columbia Health Minister Adrian Dix, who called it a "disappointing" end to the meetings, had previously said provincial and territorial ministers were united behind a request for federal funding to be increased to 35 per cent, up from 22 per cent.

Health fund talks end without deal as feds balk

Mayor Brenda Locke releases her top priorities during her swearing in ceremony

Mayor Locke's vision and commitment to residents is to ensure transparency, restore public engagement, and maintain Surrey RCMP as the police of jurisdiction. All voices will be heard and I look forward to working with all the residents of Surrey.

Mayor Brenda Locke releases her top priorities during her swearing in ceremony

Canada will work with Congress of any stripe: PM

Voters across the U.S. are headed to the polls to decide whether Republicans or Democrats should wield control on Capitol Hill. Trudeau says the close ties between the two countries have always transcended politics, and he doesn't expect that to change, whatever the outcome.