Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks […] Read more
1.
Tag Archives retail
Major grocery chains agree to help stabilize prices, feds say
Any moves must not undercut farmgate prices, government warns
Trudeau summons top grocers over rising food prices
Major grocers' level of profit 'does not make sense,' PM says
Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to […] Read more
Canada’s combine sales up in April
Small tractor sales drag on total retail movement
Retail sales of combines in both Canada and the U.S. showed a marked increase in April this year while the market for sub-compact tractors continues to soften, new data shows. […] Read more
Food sales grew but margins tightened in 2022, FCC says
Modest further growth expected this year
Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, […] Read more
Federal NDP ag critic to handle food inflation file
Mini-shuffle follows new critic portfolio
Canada’s federal New Democrats have appointed their critic for agriculture and agri-food to a new point position on a major issue for the fourth-ranked opposition party. After the House of […] Read more
Competition Bureau to probe soaring food prices
Retail food prices seen outpacing inflation
Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for […] Read more
Canada to review impact of cannabis legalization four years on
Review will also look at regulatory challenges in pot sector
Ottawa | Reuters — Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, Indigenous minorities and […] Read more
Work on grocery code of conduct extended
Code intended to smooth relations between retailers and suppliers, but work has been contentious
A Canadian grocery industry code of conduct is still months away after the steering committee asked agricultural ministers for another extension to complete its work. The committee reported to the […] Read more
Loblaw beats estimates for quarterly revenue
Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at […] Read more
On The Run operator to buy M+M Food Market
Parkland Corp. to pay $322M for frozen-food retailer
A well-known Canadian food retailer selling flash-frozen meals, entrees, side dishes and desserts direct to consumers is headed to expansion-minded new owners. Calgary-based Parkland Corp., which operates fuel and convenience […] Read more
Cyber-Savvy Farmer
