December 11th, 2024

Canadian Press NewsAlert: More grocery competition needed: government report

By The Canadian Press on June 27, 2023.

Produce is shown in a grocery store in Toronto on Friday, Nov. 30, 2018. Canada's competition watchdog is expected to release a study today examining whether the highly concentrated grocery sector is contributing to rising food costs. THE CANADIAN PRESS/Nathan Denette

GATINEAU, Que. – Canada’s grocery sector needs better competition to help keep food prices down and encourage new entrants, the country’s competition watchdog has found.

The Competition Bureau study was set up last fall to examine whether consolidation in the grocery sector is contributing to rising food costs.

More coming.

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