By The Canadian Press on January 30, 2024.
OTTAWA – Industry Minister François-Philippe Champagne is once again insisting that he is reaching out to international grocers in the hopes they will open up shop in Canada.
The minister says he spoke to one foreign grocer just this morning as part of his efforts to court new players to join the Canadian grocery sector – but he’s not naming any names.
Champagne met with Canadian grocers in the fall about food inflation and demanded they create plans to stabilize grocery prices or face consequences including potential tax measures.
He recently expressed disappointment that the grocers have not been more transparent about their plans, but has stayed mum on whether the federal government plans to punish them for it.
The minister sent a letter to the commissioner of the Competition Bureau on Monday asking to discuss a follow-up study on the grocery sector, now that the bureau has new powers to subpoena companies for information.
The Competition Bureau published the findings of its previous study in June, saying that grocers’ co-operation varied and was not fulsome.
This report by The Canadian Press was first published Jan. 30, 2024.