Stabilizing food prices 'not like a switch you can flip': Industry Minister

Industry Minister François-Philippe Champagne says the process for stabilizing food prices is “not like a switch you can flip,” but rather one that will likely take weeks and months, after he announced an agreement with major grocers this week that he vowed will lead to steadier prices “soon.”

At this time last year, food inflation reached 11.4 per cent, the fastest rate of year-over-year growth in more than 40 years. It has since slowed — to 6.9 per cent in August — but it’s still well above headline inflation, which hit 4 per cent for the same month.

“If you say prices are going down, great,” he added. “What I'm saying is that we've been a catalyst to say, ‘you need to do more, and you need to do it now.’”The industry minister also said his government’s actions in the last few weeks were not influenced by the Liberals’ slipping popularity in the polls.

Drake called out by the Pet Shop Boys for singing the chorus of one of their hits on new song without permissionA surprise attack in Israel early Saturday morning has left communities in shock as hundreds of people were killed and thousands more left injured.Israeli soldiers are battling Hamas fighters in the streets of southern Israel and launching airstrikes on Gaza, a day after an unprecedented surprise attack by Hamas fighters.

Canada's federal leaders are condemning a surprise assault by the Hamas militant group on Saturday in what has become the deadliest attack in Israel in years.A surprise attack in Israel early Saturday morning has left communities in shock as hundreds of people were killed and thousands more left injured.Special weather statements have been upgraded to warnings for parts of the Maritimes ahead of the arrival of post-tropical storm Philippe.

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