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'It's impossible' that grocers are causing food inflation, Loblaw chairman tells MPs

Summary by Ground News

The heads of Canada's largest grocery chains appeared Wednesday in front of a parliamentary committee that is studying inflated grocery prices. Grocery prices were up 11.4 per cent in January compared to a year ago, nearly double the overall rate of inflation of 5.9 per cent. All three companies posted higher profits in the first half of 2022 compared to their average performance over the past five years.

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'It's impossible' that grocers are causing food inflation, Loblaw chairman tells MPs

The heads of Canada's largest grocery chains appeared Wednesday in front of a parliamentary committee that is studying inflated grocery prices

2 years ago·Canada

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farmersforum.com

‘It’s impossible’ that grocers are causing food inflation, Loblaw chairman tells MPs

2 years ago·Kemptville, Canada

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National Post broke the news in Canada 2 years ago on Thursday, March 9, 2023.

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