Close X
Thursday, November 28, 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

How rate hikes have sparked debate on the causes of inflation and how to fight it

How rate hikes have sparked debate on the causes of inflation and how to fight it
Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good.  But not everyone is buying it.  An informal coalition of labour groups, political leaders and economists has formed over the last year and a half to challenge the very economic concepts behind monetary policy. 

How rate hikes have sparked debate on the causes of inflation and how to fight it

Manitoba NDP to form majority government in historic win for First Nations premier

Manitoba NDP to form majority government in historic win for First Nations premier
Kinew's late father was not allowed to vote as a young man under Canadian law at the time. His mother's birthday was election night, and he brought her onstage to celebrate the historic win along with his wife and three sons. The NDP's victory also brought the resignation of the other two main party leaders.

Manitoba NDP to form majority government in historic win for First Nations premier

Accident at Cypress Mountain in West Vancouver kills heavy equipment operator

Accident at Cypress Mountain in West Vancouver kills heavy equipment operator
An industrial accident at the Cypress Mountain Resort in West Vancouver has killed one person. West Vancouver police say it happened Tuesday. They say the operator of a front-end loader was caught under the rig as it overturned.

Accident at Cypress Mountain in West Vancouver kills heavy equipment operator

Man charged for mischief: BCPS

Man charged for mischief: BCPS
The B-C Prosecution Service says a man has been charged with eight counts of mischief related to vandalism in Vancouver's Chinatown neighbourhood. The service says seven counts are related to graffiti, including three incidents on cultural property, and one is related to the defacing of a war memorial.

Man charged for mischief: BCPS

Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant

Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant
O'Brien, who was 51, died Sept. 22 while he and other officers were executing a search warrant at a home in Coquitlam.  He was shot and died at the scene, while two other officers and the suspect were injured.

Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant

Ambulance crashes into lamppost

Ambulance crashes into lamppost
B-C Emergency Health Service says an ambulance with five people on board, including one patient, crashed into a lamppost in Vancouver early this morning. The service says the ambulance had its lights and sirens on as it transported the patient between hospitals, accompanied by a nurse escort and three paramedics.

Ambulance crashes into lamppost