Finance Minister Chrystia Freeland says the CEOs of Canada's largest grocery store chains need to be transparent about the recent rise in grocery prices.
The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc. and Empire Co. Ltd. - which operates chains including Sobeys, Safeway and FreshCo - are set to testify before the House of Commons agriculture committee Wednesday evening as part of its study on food inflation.
“ absolutely do have a responsibility to all of us to be transparent about why those prices are so high,” Freeland said.Other executives from the companies have already testified, but New Democrats in particular have signalled their dissatisfaction with the absence of the CEOs themselves. “We are going to put tough questions to them. This has been one of the biggest responses we've received from the public,” Singh told reporters outside the House of Commons Wednesday, adding that more than 2,000 people submitted questions for the grocers.
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Amid high inflation, MPs should push grocer CEOs to disclose margins on food: expertsAs members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money.
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Amid high inflation, MPs should push grocer CEOs to disclose margins on food: expertsAs members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money.
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Amid high inflation, MPs should push grocer CEOs to disclose margins on food, experts sayThe CEOs and presidents of Loblaw, Metro and Empire are set to testify before the House of Commons agriculture committee on Wednesday as part of its study on food inflation
Lire la suite »
Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts - BNN BloombergAs members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money.
Lire la suite »
Amid high inflation, MPs should push grocer CEOs to disclose margins on food: expertsExperts say elected officials should push for more transparency on why grocers are making so much money.
Lire la suite »