The Canadian government should introduce a windfall tax on large grocery chains if the Competition Bureau finds evidence that they’re generating excess profits on food items, the parliamentary agriculture committee says.
Addressing food waste is another recommendation that the committee put forward. It said the federal government should work with provinces and territories to investigate how the elimination of “best-before” dates on foods would impact Canadians and partner with non-profits along with large grocers to develop programs that divert food, which would otherwise be wasted, to Canadians experiencing food insecurity, among other measures.
Some other recommendations for the federal government include directly reimbursing farmers and retailers who have paidsince March 2022 and discontinuing the tariff, along with supporting producers and others in the agri-food industry to mitigate their costs and ensure they have sufficient cash flow during this period of high inflation.overall rate of inflation of 4.
The findings and recommendations highlight the “need to increase transparency in the grocery sector and to strengthen its collaboration with other supply chain actors to ensure fairness in the business relations between each link in the chain,” it said. “Food price inflation affects a fundamental aspect of Canadians' lives: their ability to feed themselves adequately,” the committee stated in the report.
“While driven in part by global factors, such as rising input and fuel costs, relationships in the food supply chain have a major influence on how prices are transmitted along the supply chain and ultimately to the consumer.
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