Close X
Thursday, November 28, 2024
ADVT 
National

Champagne to announce initial commitments from grocers to stabilize prices today

Darpan News Desk The Canadian Press, 05 Oct, 2023 11:25 AM
  • Champagne to announce initial commitments from grocers to stabilize prices today

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

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.

 

MORE National ARTICLES

European Union heads to visit Canada amid talks for access to EU science grants

European Union heads to visit Canada amid talks for access to EU science grants
The top heads of the European Union are expected to visit Canada this year, as officials discuss the possibility of Ottawa joining a major research-funding pact.  "We are expecting the summit still to take place this year," the EU's ambassador to Canada, Melita Gabric, said Friday.

European Union heads to visit Canada amid talks for access to EU science grants

6 coyote attacks in Prince George

6 coyote attacks in Prince George
Prince George Conservation and RCMP officers are “actively investigating” six separate coyote attacks within a week in the city. RCMP say in a statement they have issued a warning to the public after receiving separate complaints of the attacks.

6 coyote attacks in Prince George

BC leg Fall session starts tomorrow

BC leg Fall session starts tomorrow
The fall session of the legislature begins on Tuesday and the B-C government says homes, clean energy and public safety will top the agenda. House Leader and Minister of Housing, Ravi Kahlon says several pieces of legislation will be introduced during the seven week session, including plans to resolve zoning and permitting challenges and boost the supply of middle-income housing.

BC leg Fall session starts tomorrow

Orange Shirt Day march at UBC

Orange Shirt Day march at UBC
A march will be held on the University of B-C's Point Grey campus tomorrow in honour of Canada's third Truth and Reconciliation Day. The march also honours those who suffered at -- or did not come home from -- Indian residential schools in B-C and across the country.  

Orange Shirt Day march at UBC

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs
Surely, Canadians, particularly those with lower incomes, are grappling with the impact of rising prices. A recent report shedding light on how inflation is affecting both the Canadian economy and households reveals that inflation began to rise in early 2021 and reached its highest point in four decades last year. 

The Canadian Inflation Struggle Balancing Everyday Expenses and Housing Costs

Man dies in Edmonton mall parkade after standing up through car sunroof: police

Man dies in Edmonton mall parkade after standing up through car sunroof: police
Edmonton police say they are investigating the death of a man in a mall parkade after he stood up through the sunroof of a car and was struck by a beam. Officers responded to the call Thursday at West Edmonton Mall.

Man dies in Edmonton mall parkade after standing up through car sunroof: police