Canada's grocery industry needs more competition: Competition Bureau

  • 📰 calgaryherald
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 52%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Grocers\u0027 gross food margins increased by a \u0022modest yet meaningful amount\u0022 over the last 5 years, a sign more competition is needed. Read on.

Play Video

“The price Canadians pay for groceries has been rising fast,” the competition watchdog said in the report. “Factors such as higher input costs, Russia’s invasion of Ukraine, and supply chain disruptions have contributed to recent increases in the price of food. But we have also seen a longer-term trend that predates those events, of Canada’s largest grocers increasing the amount they make on food sales.

First launched by the bureau in October 2022, the study’s goal was to assess how Canada could promote greater competition in its grocery industry, in which five major players control 80 per cent of the market. It came amid concern overThe report’s overarching recommendation is that Canada’s grocery sector needs more competition.

In June, the committee recommended in a report that Ottawa implement a windfall tax on grocers if the Competition Bureau’s study found that grocers were generating excess profits on food items. The

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 64. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Canada's grocery industry needs more competition: Competition BureauGrocers\u0027 gross food margins increased by a \u0022modest yet meaningful amount\u0022 over the last 5 years, a sign more competition is needed. Read on.
ソース: nationalpost - 🏆 10. / 80 続きを読む »

Canada's grocery industry needs more competition: Competition BureauGrocers\u0027 gross food margins increased by a \u0022modest yet meaningful amount\u0022 over the last 5 years, a sign more competition is needed. Read on.
ソース: financialpost - 🏆 7. / 85 続きを読む »

Canada's grocery industry needs more competition: Competition BureauGrocers\u0027 gross food margins increased by a \u0022modest yet meaningful amount\u0022 over the last 5 years, a sign more competition is needed. Read on.
ソース: fpinvesting - 🏆 43. / 63 続きを読む »

Canada's grocery business controlled by small group of big companies, says Competition Bureau | CBC NewsCanada's grocery business is controlled by large players and needs government assistance to encourage new entrants to bring down prices, a report from Canada's Competition Bureau says.
ソース: natnewswatch - 🏆 58. / 59 続きを読む »

Canada’s grocery industry doesn’t give consumers enough choice, Competition Bureau findsFive grocers now control roughly 80 per cent of the retail market in the country
ソース: globeandmail - 🏆 5. / 92 続きを読む »