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

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Canada's industry minister made a point of calling out Pepsi and Coca-Cola for not sending representatives to a meeting he convened on Monday with manufacturing companies to discuss stabilizing grocery prices. 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. 'This morning, (their CEOs) did not attend the meeting,' Champagne said of beverage giants Pepsi and Coc

Canada's industry minister made a point of calling out Pepsi and Coca-Cola for not sending representatives to a meeting he convened on Monday with manufacturing companies to discuss stabilizing grocery prices.

He summoned them to answer to Prime Minister Justin Trudeau's call earlier this month for Canadian grocers to come up with a plan to stabilize prices by Thanksgiving. It's unclear, however, whether another meeting between major food companies and the government will take place. "We were not able to attend today’s meeting, but we offered to meet with the minister. We are committed to collaborating with the government to identify solutions during this challenging time for Canadians."

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