Largest grocers making more on food sales: competition watchdog

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Largest grocers making more on food sales: competition watchdog
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The competition watchdog is proposing four recommendations to improve competition and lower prices

Canada's grocery sector needs more competition to help keep food prices down and encourage new entrants, the country's competition watchdog has found.

The competition watchdog proposed four recommendations to improve competition and lower prices, including an innovation strategy to support new grocery businesses and expand consumer choice. When the Competition Act was introduced in 1986, there were at least eight large grocery chains across Canada, the study said. Each was owned by a different company.The competition watchdog committed to taking steps to better promote competition in the Canadian grocery industry, including providing a pro-competitive perspective to support the implementation of Canada’s grocery code of conduct.

The large grocers have also been accused of wage fixing after simultaneously scraping pandemic bonuses for front-line workers.

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