Wednesday, October 25, 2023

Grocers summoned to Ottawa

The House of Commons Agriculture Committee has summoned the six major grocery chains to come to Ottawa to explain what they are doing to stabilize grocery prices.

The motion was made by the NDP and supported by the Liberals.


The grocers were summoned to Ottawa earlier this month by Industry Minister Francois Phillippe Champagne and Finance Minister Chrystia Freeland to explain what they will do to restrain price increases. There were few details shared after that meeting.


The six are Loblaws, Sobey’s, Metro, Walmart and Costco.


The committee said it wants “a comprehensive report on their strategies and initiatives taken to date and on future actions around the stabilization of grocery prices in Canada.”


After meeting with Freeland and Champagne, Sobey’s said it won’t reveal its plans because that would tip off competitors. Walmart said it has everyday low prices. The others said little or nothing.


For more than a year, the committee and the federal and provincial agriculture ministers have been pressuring the same chains to adopt a code of practice governing their relationships with suppliers.