The Canadian government, under political pressure to tackle high inflation, said on Thursday the country's five major grocery chains had made an initial commitment to help stabilise food prices.
Innovation Minister Francois-Philippe Champagne said Canadians would soon see discounts on a number of food products, as well as price freezes and price-matching campaigns.on the chains if they did not come up with a convincing plan to limit the rise of food prices.
"Nothing is off the table ... This is Day One of a fight that we are fighting on behalf of Canadians," Champagne told reporters when asked whether tax increases were still possible. Champagne also said Ottawa would establish a special grocery task force to monitor whether the chains were living up to their commitments to keep food prices under control.
The Liberals are trailing in the polls and facing complaints about the high cost of living and a lack of affordable housing.President Vladimir Putin on Thursday declined to rule out that Russia might resume nuclear testing, saying it could withdraw ratification of a landmark nuclear test ban treaty, and confirmed Russia had tested a nuclear-powered cruise missile.
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