Major grocers given November 2 deadline to report on food prices (Canadian Press image)

By The Canadian Press

Commons ag committee wants major grocers to put food cost reduction plans in writing

Oct 25, 2023 | 6:33 AM

OTTAWA – The heads of Canada’s major grocery chain are being called back to Parliament to testify about their plans to stabilize food prices.

This comes after the House of Commons agriculture committee passed an N-D-P motion last Thursday to invite the grocery executives or summon them if necessary.

Earlier this fall, Industry Minister Francois-Philippe Champagne said Loblaw, Metro, Empire, Walmart and Costco had presented their plans for tackling rising grocery prices to the government.

While the plans included offering discounts, prize freezes and price-matching campaigns, most grocers have yet to confirm details of their plans.

The parliamentary committee motion is asking the grocers to submit a “comprehensive report on their strategies and initiatives taken to date and on further actions aimed at the stabilization of grocery prices in Canada.”

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The deadline for submissions is November 2nd.

The committee is also inviting Champagne and Finance Minister Chrystia Freeland to appear to answer questions.

(The Canadian Press)