Cost of living: Pepsi and Coca-Cola absent in meeting with federal industry minister

François-Philippe Champagne singled out the two companies when asked by a journalist what the consequences would be if major industry players did not succeed in stopping high inflation."I intend to call on them and I will continue to do so. … I don't stop," he told reporters.

If major grocers fail to deliver ideas, Champagne said,"the consequence is for all 40 million Canadians because we will be able to see who is taking action and who is not." Monday's meeting brought together top Canadian executives from McCain, Unilever, Nestlé, Lactalis, Lassonde, Kraft Heinz, and Smucker Foods.

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