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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (162465)9/18/2023 9:43:05 AM
From: Goose94Read Replies (1) | Respond to of 202367
 
Local Food: Inflation and Groceries

Ottawa is getting serious about all types of inflation. Today, MPs are hauling up C-Suite executives from Loblaw, Metro and Walmart to meet with the federal industry minister. This is ahead of a deadline Ottawa has given to the sector to come up with a plan to stabilize prices by October ninth. It is unclear what the large companies can do, though there has been acknowledgement that maybe market concentration doesn’t help when you want to keep prices lower. The meeting is set for morning at 1100ET and we will monitor for any concrete outcomes.

BNN.ca