The Liberal government has called on Canada’s major grocers to present a plan to stabilize prices by Thanksgiving, or face consequences
Industry Minister Francois-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices.present a plan to stabilize pricesChampagne told a conference hosted by the Competition Bureau in Ottawa that the announcement is coming later today.
He is scheduled to hold a news conference alongside Finance Minister Chrystia Freeland and Housing Minister Sean Fraser this afternoon. 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.
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