Industry Minister François-Philippe Champagne says he is working hard to try to rein in high grocery prices, despite there being no windfall tax for grocers in the 2024 budget after prior threats to impose tax measures if prices weren’t brought under control. In an interview on The West Block, Champagne told host Mercedes Stephenson that … Read more
It was evident to the federal government as early as last fall that Loblaw and Walmart might be holdouts to the grocery code of conduct, jeopardizing the project’s success. Documents obtained through access to information legislation shed new light on the federal government’s efforts to convince the two retailers to sign the grocery code of … Read more
World food prices rebounded in March from a three-year low, boosted by increases in vegetable oils, meat and dairy products, according to the United Nations food agency’s latest price index. The Food and Agriculture Organization’s (FAO) index, which tracks the most globally traded food commodities, averaged 118.3 points in March, up from a revised 117.0 points … Read more
Descrease article font size Increase article font size The Liberal government is pledging $1 billion over the next five years for a national school food program in the upcoming budget, as Canadian families struggle to afford the rising cost of groceries. Deputy Prime Minister Chrystia Freeland made the announcement in Toronto on Easter Monday, saying … Read more
Descrease article font size Increase article font size The United Nations food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat. The Food and Agriculture Organization’s price index, which tracks the most globally traded food … Read more
WK Kellogg CEO Gary Pilnick went against the grain when he said financially struggling families should eat cereal for dinner — a suggestion that had many critics insisting Pilnick is cuckoo for Cocoa Puffs. During an interview with CNBC last week, Pilnick praised the affordability of cereal and pointed to a year-old campaign from Kellogg … Read more
Pushing a grocery cart up and down the aisles of Loblaws, Jagmeet Singh has to admit it’s all a little bit awkward. After all, the NDP leader has lambasted the grocery giant and its former president Galen Weston Jr. — famous among Canadians for his 30-second COVID-era TV and radio ads — for “ripping people … Read more
B.C. NDP MP Alistair MacGregor is calling on the Competition Bureau to look into whether there are “possible anti-competitive practices” from Loblaw over its change to discounts on near-expiry items. Story continues below advertisement “I wish to draw attention to a concerning aspect highlighted in Loblaw’s statement, indicating that this shift in pricing strategy is … Read more
With 2023 ending, a new poll suggests Canadian parents are growing more fearful about what lies ahead, as life becomes less affordable. Their main sources of anxiety revolve around the housing crisis and trying to put food on the table, the results suggest. An Ipsos poll commissioned by the charity Save the Children interviewed 1,000 … Read more
