We’re starting off 2024 and Canadians are remain concerned about the cost of living and especially about the cost of the grocery stores they’re right a lot of Canadians have seen in the last few weeks and months prices at the grocery stores they are concerned right before Christmas the government adopted major amendments to
The competition act it was the second time that we have provided such important amendments to the competition act the purpose of these amendments was to have a long-term impact the best way to ensure affordable prices for Canadians and a better choices for Canadians is to have more players in the
Market these amendments will increase competition level and increase the number of players and options and down the line have for Canadians will bolster competition across the economy and I would say across the country for the grocery sector in particular as I think this is
What is one of the topic which is top of mind to Canadian uh let me explain to uh people at home what are these changes and what they mean in practice first the competition Bureau and now as subpoena power uh to force companies like those in the grocery sector to provide information
As part of Market studies and you’ll see in a minute why this is very very fundamental second the bureau has the power to block mergers that don’t directly benefit consumers and stop abuse of dominance something that we have seen over decades in this country
And now we can put a stop to that and third these changes mean it will be illegal for large grocery changes large grocery chains to prevent independent grosser from setting up shop in the same commercial building or complex what we have seen in some part of the country
They call that food desert because of the Clauses in the leases that prevent independent groceries to be next to one of the big banner as I’ve said many times before at this Podium the best way to stabilize grocery prices in this country is to have more competition more
Competition will mean more options which leads to a downward pressure on price it’s fairly straightforward and I think every can didn’t can understand that so we’re taking further action today today I’ll be sending a letter to the competition commissioner and and tell him that I am disappointed that major grocery stores
Have not cooperated with the bureau in these studies some of them the grocery chains have not been trans AR with the measures they taken to fight food inflation in Canada this is unacceptable record profits in the grocery retail sector I am confident that the buau will take full advantage of the new powers
Granted to them to further address the concerns of Canadian consumers when it comes to the price of food you can count on us to continue to all the grossers feet to the fire and as we push for more competition not only in this sector but I would say across the Canadian economy
Minister Champagne says he’s ‘disappointed’ in the lack of transparency grocery store giants have offered when it comes to food inflation.
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Yeah the companies dont care. The companies will try to route round this. They let sobeys, safeway etc buy others till we may have 2 big chains. They dont care so we can just keep paying the jacked prices so they can give record profits. This wont do anything
These rich politicians have no idea how hard it is to
Always French with they have bin found guilty
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This guy is such a tool. Of course he wasn’t going to enforce any change. Wait until Trump walks all over this French clown ..
This is Canada. The only thing effective is to impose additional tax. We should implement 5-10% grocery tax right away, to suppress food demand and encourage Canadians to eat less
Can someone give me this job because these idiots don’t get it. You want to go after Galen’s profits??? Make him pay his employees, which generate the value for his many businesses, more. It’s simple. The eliminating greed in corporations act. 50% of their profits need to be distributed to employees
What a joke. These laws existed before they were announced and will do nothing to address the rising costs of food. Try doing something new.
get rid of the farmer's and dairy boards that control prices!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This clown is incompetent
I am disappointed in the governments cost stabilization. Can anyone else believe that Trudeau appointed this weasel as his bulldog against trump? He will get butchered.
This guy needs to learn English.
Today ill be sending a letter the prices will be going up thats what hes saying
Maybe a few more free fridges will bring them around ?
Election is coming???. They trying to quickly fix every thing
Im so sick of hearing this clown's shrieking voice