Close X
Friday, September 20, 2024
ADVT 
National

Grocers called back to Parliament to testify about plans to stabilize prices

Darpan News Desk The Canadian Press, 24 Oct, 2023 09:48 AM
  • Grocers called back to Parliament to testify about plans to stabilize prices

A House of Commons committee is asking the heads of Canada's major grocery chains to appear before MPs and explain their plans to stabilize food prices.  

The agriculture committee passed an NDP motion on Thursday to invite the grocery executives, or summon them if necessary, to testify about the measures their companies are taking to address food inflation.

Earlier this fall, Industry Minister Francois-Philippe Champagne announced the companies had presented to the government their plans to tackle rising prices, which he says included discounts, price freezes and price-matching campaigns. 

However, Champagne offered few details about these promotions and most grocers have not confirmed details of their plans. 

According to the motion, the parliamentary committee is asking the grocers to submit "a comprehensive report on their strategies and initiatives taken to date and on further actions aimed at the stabilization of grocery prices in Canada." The deadline for the submissions is Nov. 2. 

It is also inviting Champagne and Finance Minister Chrystia Freeland to appear before committee to answer questions.

The Canadian Press asked the grocers earlier this month for more details on their pledges to the federal government. Loblaw and Costco did not respond and Metro declined to comment. 

A spokeswoman for Walmart said the company promised to continue offering "everyday low prices," which refers to its strategy of offering low prices on a regular basis, rather than on promotion only. 

Meanwhile, a spokeswoman for Sobeys, which is owned by Empire, responded said the company isn’t disclosing its plan for competitive reasons. 

"Our plans are competitively sensitive and we do not plan to discuss them before they are launched in our stores," said Karen White-Boswell, Empire’s director of external communications. 

In an interview with The Canadian Press on Oct. 16, Champagne said he wishes the grocers were "more forthcoming" about their plans.

 

MORE National ARTICLES

B.C. sets out law to ban use of illegal drugs in many public places

B.C. sets out law to ban use of illegal drugs in many public places
British Columbia is setting out new rules as it attempts to navigate a way to curb the overdose crisis with drug decriminalization. Possession of small amounts of many illicit drugs was decriminalized in B.C. in January after the federal government issued an exemption, but legislation introduced by the province today would make their use illegal in many public spaces. 

B.C. sets out law to ban use of illegal drugs in many public places

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill
The federal New Democrats have rejected the first draft of the Liberals' pharmacare legislation, in what the health minister describes as "extremely fluid" negotiations over the highly anticipated bill. The Liberals promised to table pharmacare legislation this fall as part of the supply-and-confidence deal the government struck with the NDP.

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill

Victoria police looking for suspects in possible arson

Victoria police looking for suspects in possible arson
Police in Victoria say they're looking for two women who may have seen the suspect or suspects in a possible arson over the weekend. They say officers responded Saturday evening to reports of two fires inside a retail store, where staff used fire extinguishers to douse the initial flames.

Victoria police looking for suspects in possible arson

Man rams SUV into police cruiser

Man rams SUV into police cruiser
B-C's police watchdog has found a man who rammed his S-U-V into a police cruiser outside a Vancouver Island R-C-M-P detachment last spring was not seriously injured when he was hit by a single police bullet. One officer was also injured in the incident last May.

Man rams SUV into police cruiser

Champagne to announce initial commitments from grocers to stabilize prices today

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 to announce initial commitments from grocers to stabilize prices today

Competition intensity has decreased over last two decades, Competition Bureau finds

Competition intensity has decreased over last two decades, Competition Bureau finds
Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades. Boswell shared the initial findings of a new report during a speech he delivered Thursday at the Competition Summit, a conference hosted by the bureau.

Competition intensity has decreased over last two decades, Competition Bureau finds