Grocery CEOs head to Ottawa to answer Trudeau tax threat — what to expect

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Grocery CEOs head to Ottawa to answer Trudeau tax threat — what to expect
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The heads of the biggest grocery chains in Canada are expected in Ottawa on Sept. 18 for a hastily arranged meeting about food prices with ...

“It’s not an invitation,” he said in a speech to the Liberal caucus last week. “We told them to be in Ottawa next week. That’s pretty clear.”

The executives appear to be going anyway, according to statements from the companies. Loblaw president Galen Weston, the industry’s most high-profile leader, will be there, a spokesperson confirmed. So will Metro Inc. chief executive Eric La Flèche, Wal-Mart Canada chief executive Gonzalo Gebara and Empire chief executive Medline along with his general counsel, Doug Nathanson. CostCo didn’t respond to a request for comment.

Trudeau warned the big grocers could face “tax measures” if the process with the CEOs and Champagne doesn’t come up with a solution by Thanksgiving.“If he admits now that grocery prices and grocery profits are too high, why hasn’t he done anything about it? He’s the prime minister,” the Conservative leader said in a news conference. “This is more political theatre.”

“As I’ve said consistently over the past 18 months: We don’t like inflation,” Medline told Empire’s annual general meeting on Sept. 14 “We don’t like the choices it forces our customers to make. And we are not benefitting from it.”This is the second time this year that the grocery CEOs have been called to Parliament Hill.

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