Wednesday, March 22, 2023
WRITE & GET PAID
  • Login
  • Register
No Result
View All Result
TOP Rated Tips, News And Articles
NordVPN - Discount
  • World News
  • Entertainment
    • Travel
    • Games
    • Alternative Beliefs
  • Business
    • Employment
  • Health
  • Home & Garden
    • Food
    • Family
    • Education
  • Politics
  • Sports
  • Technology
  • 🔥 Must-Haves 🔥
TOP Rated Tips, News And Articles
WRITE

Committee probes food price rise, calls CEOs of top 3 grocers to testify.

February 14
in World
Reading Time: 2 mins read
2 0
A A
Buy author a coffee
0
1
SHARES
12
VIEWS
Share on FacebookShare on Twitter



The heads of the three largest grocery chains in Canada—Empire, Loblaws, and Metro—will be summoned to appear before the House of Commons Standing Committee on Agriculture and Agri-Food. The committee unanimously passed a motion on Feb. 13 to hear from the Presidents and CEOs of the three companies regarding their profit-driven inflation of food prices.

Statistics Canada reported that food prices increased close to 10 percent in 2022, the highest rate since 1981. In response, the federal government asked the Competition Bureau to investigate the issue, with a report expected later in 2023. An NDP motion in October 2022 also requested the government take steps to investigate “greedflation.”

Economist Jim Stanford, who presented a brief to the committee on Feb. 9, said that the rise in food prices generates the most anger among Canadians. He cited Statistics Canada data suggesting that food grocers in 2022 earned twice what they earned in 2019, roughly $5 billion per year in net income. Stanford blamed corporate greed from food retailers and food processors for the skyrocketing grocery bills, not supply chain issues or inflation.

Sylvain Charlebois, director of the Agri-Food Analytics Lab and a professor in food distribution and policy at Dalhousie University, said it is important for CEOs to come in and give their story and be transparent. He said there is “no clarity in terms of how much money is generated off of food sales.”

Financial officers for the three giant grocers have attended past committee meetings to discuss the rising prices and food inflation, but their CEOs have not appeared before a House of Commons committee since July 10, 2020, when they faced questions on cancelling a $2-per-hour “hero pay” increase provided to front-line essential workers during COVID.

Loblaws, Sobeys, and Metro were contacted for comment but did not respond by press time. The Canadian Press contributed to this report.

Previous Post

Ex-SNC-Lavalin executive Sami Bebawi must report to prison after losing appeal.

Next Post

Winner-take-all custody battles return.

Related Posts

Montreal councillor endorsed by Chinese diplomat under RCMP investigation.

Montreal councillor endorsed by Chinese diplomat under RCMP investigation.

March 22
A bank report predicts a fourfold increase of Canada’s rental housing shortage by 2026.

A bank report predicts a fourfold increase of Canada’s rental housing shortage by 2026.

March 22
Ultra-leftists in South Africa declare revolution starting.

Ultra-leftists in South Africa declare revolution starting.

March 22

UK’s Security Minister warns against ‘soft bigotry’ promoting Islamist extremism.

US expresses concern over Israel’s repealing of West Bank disengagement law.

Ministry investigating emails of freedom convoy supporter blacklist to foreign banks. (11 words)

Ex-U.S. marine detained in Australia for teaching Chinese army airmen.Summary: A former U.S. marine was arrested in Australia for allegedly providing training to Chinese military pilots.

“Community supports teacher accused of student assault.”

Violent conflict outside Sydney church during speech opposing transgenderism.

Load More
Next Post
Winner-take-all custody battles return.

Winner-take-all custody battles return.

Laws to address Chinese pilot training in the U.S. being created.

Laws to address Chinese pilot training in the U.S. being created.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Trends

  • “Ex-FBI official cautions against travel to Mexico…”

    “Ex-FBI official cautions against travel to Mexico…”

    3 shares
    Share 1 Tweet 1
  • ADF disaster response affecting recruitment efforts.

    2 shares
    Share 1 Tweet 1
  • White House supports Chinese involvement in Ukraine talks

    1 shares
    Share 0 Tweet 0
  • South Korea has a year-long trade deficit due to reliance on China.

    3 shares
    Share 1 Tweet 1
  • Authors criticize Canada’s pandemic policy as an inappropriate use of power.

    4 shares
    Share 2 Tweet 1

Top Stories

job-live-chat-assistant

Paid Live Chat Assistant

renew-you-cover[1]

Healthy Weight Loss with Alpilean

keto diet

What is Keto Diet and why is it important?

Trended Review

Addicted to Profits Stock Trading

Addicted to Profits Stock Trading

by Thomas

Product Name: Addicted to Profits Stock Trading Click here to get Addicted to Profits Stock Trading at discounted price while...

Most Viewed

Biden visited Kyiv, Washington informed Moscow.

Biden visited Kyiv, Washington informed Moscow.

by Thomas
February 20
0

The United States informed Russia about President Joe Biden's upcoming visit to Kyiv hours before his departure, according to White...

Music Trends

Currently Playing

Miley Cyrus - Flowers (Official Video)

Miley Cyrus - Flowers (Official Video)

00:03:22

The Weeknd & Ariana Grande - Die For You (Remix) (Official Lyric Video)

00:03:53

Taylor Swift - Anti-Hero (Official Music Video)

00:05:10

SZA - Kill Bill (Audio)

00:02:36

Tori Kelly - missin u (Official Music Video)

00:02:58

Metro Boomin, The Weeknd, 21 Savage - Creepin' (Visualizer)

00:03:42

Drake & 21 Savage - Privileged Rappers | A COLORS SHOW

00:02:26

Jenny Lewis - Puppy and a Truck

00:03:41

PinkPantheress, Ice Spice - Boy’s a liar Pt. 2 (Official Video)

00:02:16

Drake, 21 Savage - Rich Flex (Audio)

00:04:00

Bakar - Good News (Official Video)

00:03:18

Miley Cyrus - River (Official Video)

00:02:42

SHAKIRA || BZRP Music Sessions #53

00:03:38

Taylor Swift - Lavender Haze (Official Music Video)

00:03:31

Meghan Trainor - Mother (Official Music Video)

00:03:08

Harry Styles - As It Was (Official Video)

00:02:46

Sam Smith - Unholy (ft. Kim Petras) (Lyric Video)

00:02:38

KAROL G, Shakira - TQG (Official Video)

00:03:37

Benson Boone - Sugar Sweet (Official Music Video)

00:03:17

Nicky Youre, dazy - Sunroof (Official Music Video)

00:02:55

Lukas Graham & Mickey Guyton - Home Movies [Official Music Video]

00:03:16

Post Malone - I Like You (A Happier Song) w. Doja Cat [Official Lyric Video]

00:03:13

SZA - Nobody Gets Me (Official Video)

00:03:03

Gus Dapperton - Horizons (Official Music Video)

00:03:38

Fase Yoda - Woah ft. KHALIL VEGAS (Official Video)

00:02:39

Steve Lacy - Bad Habit (Official Video)

00:04:03

SZA - Snooze (Audio)

00:03:24

Young Miko - Lisa (Official Video)

00:03:16

Morgan Wallen - You Proof (Official Music Video)

00:02:59

Lizzo - About Damn Time [Official Video]

00:04:06

Chris Brown - Under The Influence (Official Video)

00:02:57

Bebe Rexha - Heart Wants What It Wants (Official Music Video)

00:03:06

Sam Smith - I'm Not Here To Make Friends

00:04:03

OneRepublic - I Ain’t Worried (From “Top Gun: Maverick”) [Official Music Video]

00:02:35

Rihanna - Lift Me Up (From Black Panther: Wakanda Forever)

00:03:33

Harry Styles - Late Night Talking (Official Video)

00:03:16

Future - WAIT FOR U (Official Music Video) ft. Drake, Tems

00:03:59

David Guetta & Bebe Rexha - I'm Good (Blue) [Official Music Video]

00:02:58

Elton John, Britney Spears - Hold Me Closer (Official Video)

00:03:25

Lil Nas X - STAR WALKIN' (League of Legends Worlds Anthem)

00:03:34

JVKE - golden hour (official music video)

00:03:52

Central Cee - Let Go [Music Video]

00:02:58

Kane Brown, Katelyn Brown - Thank God (Official Music Video)

00:02:56

The Kid LAROI - Love Again (Official Video)

00:02:28

Bad Bunny (ft. Chencho Corleone) - Me Porto Bonito (Video Oficial) | Un Verano Sin Ti

00:03:12

Selena Gomez - My Mind & Me (Official Lyric Video)

00:02:31

Bad Bunny - Tití Me Preguntó (Video Oficial) | Un Verano Sin Ti

00:04:51

Luke Combs - The Kind of Love We Make (Official Music Video)

00:03:58

Beyoncé - BREAK MY SOUL (Official Lyric Video)

00:04:47

Lost [Official Music Video] - Linkin Park

00:03:19

Jack Harlow - First Class [Official Music Video]

00:02:35

P!NK - TRUSTFALL (Official Video)

00:04:43

Morgan Wallen – Wasted On You (Audio Only)

00:02:59

Glass Animals - Heat Waves (Official Video)

00:03:56

Lil Durk - Hanging With Wolves (Official Video)

00:03:13

Cole Swindell - She Had Me At Heads Carolina (Official Music Video)

00:03:27

Chlöe, Latto - For the Night (Official Video)

00:03:52

Drake ft. 21 Savage - Jimmy Cooks (Official Audio)

00:03:39

RAYE, 070 Shake - Escapism. (Official Music Video)

00:04:34

Kate Bush - Running Up That Hill (Lyrics)

00:04:58

Nicki Minaj - Super Freaky Girl (Official Music Video)

00:02:52

Harry Styles - Music For a Sushi Restaurant (Official Video)

00:03:29

Doja Cat - Vegas (From the Original Motion Picture Soundtrack ELVIS) (Official Video)

00:03:23

Freddie Dredd - Limbo

00:03:24

The Kid LAROI, Justin Bieber - STAY (Official Video)

00:02:38

Tyler Hubbard - 5 Foot 9 (Unofficial Video)

00:03:10

Yung Gravy - Betty (Get Money) (Official Music Video)

00:02:27

Sia - Unstoppable (Official Video - Live from the Nostalgic For The Present Tour)

00:03:47

Tiësto - 10:35 (feat. Tate McRae) (Official Music Video)

00:03:02

Meghan Trainor - Made You Look (Official Music Video)

00:02:55

d4vd - Here With Me [Official Music Video]

00:03:42

Oliver Tree & Robin Schulz - Miss You [Official Music Video]

00:02:50

DJ Khaled ft. Drake & Lil Baby - STAYING ALIVE (Official Video)

00:03:07

Justin Bieber - Ghost

00:03:33

Rod Wave - Alone (Official Video)

00:03:10

Joji - Glimpse of Us

00:03:54

Latto - Big Energy (Official Video)

00:03:22

Burna Boy - Last Last [Official Music Video]

00:02:54

Stephen Sanchez - Until I Found You (Official Music Video)

00:02:56

Ed Sheeran - Shivers [Official Video]

00:03:58

Bailey Zimmerman - Fall In Love (Official Music Video)

00:04:26

Em Beihold - Numb Little Bug

00:02:50

Mitchell Tenpenny - Truth About You (Official Video)

00:03:22

Hitkidd, GloRilla - F.N.F. (Let's Go)

00:02:34

Charlie Puth - Left And Right (feat. Jung Kook of BTS) [Official Video]

00:02:40

Lil Baby - In A Minute (Official Video)

00:03:27

Jack Harlow - Churchill Downs feat. Drake [Official Music Video]

00:05:11

Elton John, Dua Lipa - Cold Heart (PNAU Remix) (Official Video)

00:04:15

Post Malone - Cooped Up ft. Roddy Ricch

00:03:18

Jelly Roll - Son Of A Sinner (Official Music Video)

00:03:51

Imagine Dragons - Sharks (Official Music Video)

00:03:37

Lil Nas X, Jack Harlow - INDUSTRY BABY (Official Video)

00:03:56

Muni Long - Hrs & Hrs

00:03:52

Ed Sheeran - Bad Habits [Official Video]

00:04:01

Kodak Black - Super Gremlin [Official Music Video]

00:03:18

Post Malone, The Weeknd - One Right Now

00:03:36

Doja Cat - Need to Know (Official Video)

00:03:40

Lady Gaga - Hold My Hand (From “Top Gun: Maverick”) [Official Music Video]

00:03:50

The Kid LAROI - Thousand Miles (Official Video)

00:03:18

Doja Cat - Woman (Official Video)

00:03:13

Top Rated Tips, News and Atricles » World » Committee probes food price rise, calls CEOs of top 3 grocers to testify.

© 2023 BoostYourLike

  • Contact
  • About Us
  • Privacy Policy
  • Login
  • Sign Up
No Result
View All Result
  • World News
  • Entertainment
    • Travel
    • Games
    • Alternative Beliefs
  • Business
    • Employment
  • Health
  • Home & Garden
    • Food
    • Family
    • Education
  • Politics
  • Sports
  • Technology
  • 🔥 Must-Haves 🔥

© 2023 BoostYourLike

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In