New Democrats want a price cap on grocery store staples — Liberals say it won't work

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New Democrats want a price cap on grocery store staples — Liberals say it won't work
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NDP Leader Jagmeet Singh points to a $20 pack of cheese during a visit to a Loblaws grocery store in Ottawa, which he believes is a reflection of grocery chains price gouging consumers on Wednesday Feb. 21, 2024.

The federal New Democrats say they want a price cap on grocery store staples if the Liberal government can't convince grocers to bring down the prices themselves.NDP Leader Jagmeet Singh points to a $20 pack of cheese during a visit to a Loblaws grocery store in Ottawa, on Wednesday Feb. 21, 2024. The NDP is calling for a cap on grocery staples if Liberals can't convince big groceres to reduce prices.

"But I think the better way to do that is keep putting pressure on the grocers, on the large manufacturers around the world, and bringing more competition." Some food costs have recently eased due to a decline in inflation, but New Democrats say prices have not dropped nearly as much as they have risen in the past three years. They accuse grocers of being greedy.

His party currently has a non-binding motion before the House of Commons that calls for such a measure, but it's not likely to pass.If Singh was truly interested in bringing down food prices, the NDP would support the Conservatives' quest to get rid of the carbon price, Conservative spokesperson Sebastian Skamski said in a statement Tuesday.

Feeling the pressure, some governments in Europe have capped prices on staples or signed agreements with grocery stores to bring down costs. "The benefit of being a laggard on this is that other countries have already imposed price caps, specifically with relation to groceries and in other areas as well, so we can look at other jurisdictions to see how they've done it," Singh said.

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