Trudeau calls on major grocers to stabilize food prices, drawing industry pushback

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LONDON, Ont. — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.

Prime Minister Justin Trudeau on Thursday said the call comes as Canadians continue to struggle with inflation.

"If their plan doesn't provide real relief for the middle class and people working hard to join it, then we will take further action and we are not ruling anything out including tax measures." The Retail Council of Canada said in a statement Thursday that grocer prices and profits have nothing to do with rising food prices, pointing instead to higher costs being passed on from food manufacturers and producers.

Industry Minister François-Philippe Champagne, who is taking the lead on the grocery price push, said at Thursday's press conference that the government would also be engaging other segments of the food industry.

 

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