National

Champagne to announce initial commitments from grocers to stabilize prices today

Darpan News Desk The Canadian Press, 05 Oct, 2023 11:25 AM

Industry Minister François-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices.

We know Canadians are frustrated with the rising food prices.

That’s why we’re implementing solutions to stabilize food prices.

We will continue to work with all players in the food industry to stabilize food prices in Canada and make life more affordable. pic.twitter.com/d1G7n9X3mb
— François-Philippe Champagne (FPC) 🇨🇦 (@FP_Champagne) October 5, 2023

The Liberal government called on Canada's major grocers last month to present a plan to stabilize prices by Thanksgiving, or face consequences.

Champagne told a conference hosted by the Competition Bureau in Ottawa that the announcement is coming later on Thursday.

"What you will see today is their commitments with an initial plan," Champagne said in French.

He is scheduled to hold a news conference alongside other cabinet ministers Thursday afternoon.

Rising grocery prices have been a major pain point for Canadians and tend to disproportionately affect lower-income families who spend more of their income on food.

Grocery prices in August rose 6.9 per cent from a year ago, while the overall inflation rate was four per cent.

The Liberals are also pursuing changes to the Competition Act, which Champagne is calling a first step toward modernizing the law.

Prev Next

MORE National ARTICLES

Man arrested with a gun at Abbotsford hospital

A person in the waiting room alerted hospital security after seeing the man drop a round of ammunition onto the floor. Hospital security contacted the police providing updates to arriving officers. Patrol officers immediately entered the hospital and took the man into custody without incident—a search of the man located a firearm.

Man arrested with a gun at Abbotsford hospital

B.C.'s TransLink gets $479M to avoid service cuts

Premier David Eby says the $479 million in provincial funding for TransLink will keep fares affordable, avoid service cuts and enable future transit expansion plans to continue. TransLink CEO Kevin Quinn says losses in ridership revenue because of the pandemic and higher service costs due to inflation.

B.C.'s TransLink gets $479M to avoid service cuts

B.C. researcher calls for wild horse protections

Wayne McCrory, who has been studying horses in the province for about two decades, said he was shocked to learn the animals had been shot to death. Wild horses are an important part of Canadian heritage, First Nation culture and the ecosystem, and need legislation to protect them, he said in an interview on Wednesday.

B.C. researcher calls for wild horse protections

David Johnston is foreign interference rapporteur

Johnston has been asked to look into allegations of foreign meddling in Canada's last two federal elections and recommend what the Liberal government should do about it. That could include a public inquiry, which opposition parties have been calling for, or some other form of investigation.

David Johnston is foreign interference rapporteur

Suspect on the Loose in West Vancouver Armed Robbery

The suspect entered the gas station, produced a handgun, pointed the handgun at the cashier and demanded money. The suspect obtained an undisclosed amount of cash from the cash register before fleeing on foot.

Suspect on the Loose in West Vancouver Armed Robbery

Abbotsford Police car targeted and shot at with a pellet gun

As officers approached the group in their unmarked police vehicle, a female emerged from the group and pointed a firearm toward the officer's vehicle and fired, striking the police vehicle's windshield, and causing minor damage.