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

Major grocers have been facing accusations of profiteering amid high inflation, though executives from the companies denied these allegations before a parliamentary committee studying food inflation earlier this year.

“We are not going to take part in discussions that time and time again fail to look below the surface as to the true cause of rising grocery prices,” said spokeswoman Michelle Wasylyshen. Industry Minister Francois-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.

“We believe that using taxation as a punitive measure on retailers, especially at this time, is not only ill-advised but might have a detrimental ripple effect on the whole food supply chain, including food producers,” said Fuchs.

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