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Showing posts with the label Metro

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on the planet -- even as Canadians continue to feel the bite of higher prices (CTV)

"Although our country's food inflation has been among the lowest in the world, and Canada is among the most competitive nations on Earth when it comes to grocery retail, this provides little comfort to Canadians who are struggling," Michael Medline told MPs on the House of Commons agriculture committee. Medline is the CEO of Empire Company Ltd., which owns Sobeys and other grocery store chains ... CLICK HERE for the full story

GLOBAL: Grocery heads agree to ‘support’ Ottawa’s efforts to ‘stabilize food prices’

  Canada’s top grocery executives have pledged to “support” the Liberal government’s efforts to keep prices in check, Industry Minister Francois-Philippe Champagne says. The heads of Canada’s biggest grocery chains attended a summit struck by the Liberals in Ottawa on Monday as Parliament Hill returned to session and the government vowed action on affordability issues dogging Canadians ... ... “The large grocers have accepted to work with the government of Canada,” Champagne said. “This is a step in the right direction. … this is just the beginning. We’re going to be working to bring price stability in Canada" ... CLICK HERE for the full story

WINDSOR STAR: : Class-action lawsuit alleges price fixing of meat (Guest Column)

  The gravity of the allegations in the Quebec-based lawsuit cannot be understated    We have just learned that major Canadian food companies, namely Loblaw, Metro, Maple Leaf Foods, Walmart, and Weston Bakeries, find themselves entangled in a class-action lawsuit filed in Quebec. It seems inevitable we may soon witness a similar class-action lawsuit affecting the rest of Canada. The lawsuit alleges that these industry giants colluded to unlawfully manipulate the price of meat, resulting in households allegedly paying more than $4 billion in unjustified excess ... CLICK HERE to read the full story

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