Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

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OTTAWA — Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to...

OTTAWA — Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices.

But in an interview with The Canadian Press on Monday, Champagne said he wishes the grocers were willing to be more open. "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.That is in contrast to the way a similar situation has played out in Europe over the last year.

The decision to pressure grocers to tackle rising prices was part of a set of measures announced by Prime Minister Justin Trudeau following a Liberal caucus retreat in September that was meant to address affordability and housing. " bottom line is that three companies in Canada, three large grocers control more than 60 per cent of the market. And the best way to address that and stabilize prices over the mid- to long-term is to create more competition," Champagne said.

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