Sunday, December 21, 2025
ADVT 
National

Federal NDP want a price cap on grocery store staples, Liberals say it won't work

Darpan News Desk The Canadian Press, 04 Jun, 2024 09:53 AM
  • Federal NDP want a price cap on grocery store staples, Liberals say it won't work

The federal New Democrats want a price cap on grocery store staples if the Liberal government can't convince grocers to bring down the prices themselves.

In Europe, some countries have implemented similar measures, and while it's something Industry Minister François-Philippe Champagne said he has looked into, he doesn't think it's a good idea.

"You have commodities which are traded on a global scale. So think about sugar, think about wheat, how can you have a price in one particular region," he said Tuesday.

"But I think the better way to do that is keep putting pressure on the grocers, on the large manufacturers around the world, and bringing more competition."

For months, the Liberals have been trying to get big grocers in Canada to sign a code of conduct that they say will bring down food prices for everyone.

And Champagne has even said he's trying to court a foreign grocer to usher in competition.

"I think it would help up shake up the market and bring better prices," he said.

Some food costs have recently eased due to a slight decline in inflation, but New Democrats say prices have not dropped nearly as much as they have risen in the past three years.

NDP Leader Jagmeet Singh said he's tired of Canadians getting ripped off by corporations, which he says continue to price gouge.

Last month, some shoppers boycotted Loblaw following a month-long campaign from frustrated consumers who are feeling the pinch and blame the grocery giant.

MORE National ARTICLES

Abbotsford's Jaspreet Singh charged with second-degree murder in wife's death

Abbotsford's Jaspreet Singh charged with second-degree murder in wife's death
HIT says in a news release that officers from the Abbotsford Police Department responded to a report of an assault at a home in the city on Friday night. They arrived to find a woman, who has now been identified as 41-year-old Balwinder Kaur, suffering from life-threatening stab wounds inside the home.  

Abbotsford's Jaspreet Singh charged with second-degree murder in wife's death

Will Ottawa meet its fiscal target? Economists split as deficit tracks higher

Will Ottawa meet its fiscal target? Economists split as deficit tracks higher
Finance Minister Chrystia Freeland has pledged that the government will meet its fiscal targets in the upcoming federal budget, but economists say achieving that goal will be challenging as the deficit tracks higher. Amid mounting pressure to rein in spending, the Liberals unveiled new fiscal guardrails in the fall that aim to limit deficits. Among the government's promises was that this year's deficit will not exceed $40.1 billion.

Will Ottawa meet its fiscal target? Economists split as deficit tracks higher

B.C. to kill 25 deer to test for chronic wasting disease in Kootenay region

B.C. to kill 25 deer to test for chronic wasting disease in Kootenay region
The B.C. government says it will cull 25 deer in the Kootenay region to test for chronic wasting disease. The Ministry of Water, Land and Resource Stewardship says two deer in the region tested positive for the disease earlier this year. 

B.C. to kill 25 deer to test for chronic wasting disease in Kootenay region

Surrey mayor taking Province to court over policing

Surrey mayor taking Province to court over policing
Surrey Mayor Brenda Locke says the city's legal team is still preparing for a courtroom showdown with the provincial government over policing in the city, with a court date set for April 29th.  Locke says the city is still in talks with the province, but she says she can't share any inside details about the discussions. 

Surrey mayor taking Province to court over policing

Calm in housing market this spring

Calm in housing market this spring
The B-C Real Estate Association says the province's housing market is staying relatively calm this spring. The association says sales were up more than 15 per cent last month compared to February 2023.

Calm in housing market this spring

B.C. orchards and vineyards to get $70M to replant after disastrous weather

B.C. orchards and vineyards to get $70M to replant after disastrous weather
The British Columbia government says farmers will get an extra $70 million to replant and strengthen fruit orchards and vineyards after two years of weather-related disasters. Premier David Eby says the funding will boost the province's existing $15 million Perennial Crop Renewal Program, launched last spring to help more than 200 farmers replace diseased and unproductive plants.

B.C. orchards and vineyards to get $70M to replant after disastrous weather