Canada grocers make "initial commitments" on food prices
A Canadian industry minister has said the “top five” grocers in the country have initially committed to helping stabilise food prices.
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A Canadian industry minister has said the “top five” grocers in the country have initially committed to helping stabilise food prices.
Canada’s “top five” retailers have pledged to address their prices, a government minister has announced.
Canada Prime Minister Justin Trudeau has threatened to impose taxes unless grocers come up with measures to “stabilise” food prices.
Grocery inflation in Canada slowed in July to the lowest level since February 2022 even as the increase in the headline measure accelerated.
Canada’s food inflation rose “slightly slower” in December and overall consumer price index saw the slowest rise since February 2022.