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

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TORONTO — 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. 'Large grocery chains are making record profits. Those profits should not be made on the backs of people who are struggling to feed their families,' he said, speaking in London, Ont., following a caucus retreat. He said the government wi

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

"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 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.

"If they wanted to engage with the food industry broadly to find ways to do , maybe they could. But to me, this isn't the way to go about it." Anthony Fuchs, spokesman for Food, Health & Consumer Products of Canada, which represents food producers, said in a statement that both the timing of the announcement and the threat of tax measures were concerning.

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Trudeau calls on major grocers to stabilize food prices, drawing industry pushbackThe federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.
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