Grocery code of conduct could encourage investment, innovation: advocates

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 107 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 99%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Two of the grocery code of conduct's biggest advocates say they believe it could spark more investment and innovation by food manufacturers in Canada, hedging against shortages and price volatility in the future.

Michael Graydon, left, Head of FHCP, and Sobeys CEO Michael B. Medline pose for portraits at the Sobeys' offices in Mississauga, Ont., Thursday, Aug. 15, 2024, in a composite image made from two photographs. THE CANADIAN PRESS/Chris YoungTwo of the grocery code of conduct's biggest advocates say they believe it could spark more investment and innovation by food manufacturers in Canada, hedging against shortages and price volatility in the future.

Talk of a grocery code predated the COVID-19 pandemic, but the proverbial straw that broke the camel's back came in 2020 when Walmart and Loblaw introduced new fees for suppliers to help pay for infrastructure investments. Medline told The Canadian Press in a joint interview with Michael Graydon, CEO of the Food, Health & Consumer Products Canada association, that the industry can only benefit from clearer rules over negotiations and disagreements.He said the grocery retail industry in Canada has consolidated over time, resulting in a power imbalance between retailers and suppliers.

The code is set to be officially in place next June, with the creation of an office to oversee it underway.Hiring for the grocery code adjudicator has begun, and the team is working on a more detailed dispute resolution process, Graydon said. There will be mechanisms for arbitration and binding arbitration, but he's hoping most disputes will be ironed out before it comes to that.

Former President Donald Trump on Monday is expected to tie Vice President Kamala Harris to the chaotic Afghanistan War withdrawal on the third anniversary of the suicide bombing that killed 13 service members.A state prison in northeast Ohio says that for the first time in the state's history, a five-course meal has been served to members of the public with food prepared by incarcerated men from fruits and vegetables grown in the prison garden.

Rock band Foo Fighters did not give Donald Trump’s campaign permission to play one of their songs at a recent campaign rally, a representative for the band said, and they plan to donate any royalties from the unauthorized use to Vice President Kamala Harris’ campaign.The Arkells are knocking at the door of the Winnipeg Police Service, asking for drone footage captured during a performance Friday night.

The Canada Public Land Bank, launched on Sunday, features 56 federal properties across Canada, including 22 in the city of Ottawa, that have been identified as being able to support housing.Montreal business targeted by arson for second time in 4 days

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 1. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Canada’s grocery code of conduct could encourage investment and innovation, advocates sayMichael Medline, chief executive of Sobeys parent company Empire Co. Ltd, told The Canadian Press that the industry can only benefit from clearer rules over negotiations and disagreements
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »