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Politics NDP calling for probe of grocery store profits as food prices continue to rise
https://www.cbc.ca/news/politics/ndp-committee-study-grocer-store-profits-inflation-1.6596742NDP calling for probe of grocery store profits as food prices continue to rise
Cost of groceries has risen 10.8 per cent in the past year, according to Statistics Canada
Darren Major · CBC News · Posted: Sep 27, 2022 4:00 AM ET | Last Updated: 10 hours ago
The federal NDP is calling for a parliamentary probe of the rising cost of food to determine whether major grocery store chains are raking in excess profits.
While Canada's inflation problem seems to be easing off, the cost of groceries has risen 10.8 per cent in the past year, according to Statistics Canada.
NDP agriculture critic Alistair MacGregor said he plans to table a motion before Wednesday's agriculture committee proposing that MPs investigate to find out whether grocery stores have been taking advantage of inflation.
Cost of groceries has risen 10.8 per cent in the past year, according to Statistics Canada
Darren Major · CBC News · Posted: Sep 27, 2022 4:00 AM ET | Last Updated: 10 hours ago
The federal NDP is calling for a parliamentary probe of the rising cost of food to determine whether major grocery store chains are raking in excess profits.
While Canada's inflation problem seems to be easing off, the cost of groceries has risen 10.8 per cent in the past year, according to Statistics Canada.
NDP agriculture critic Alistair MacGregor said he plans to table a motion before Wednesday's agriculture committee proposing that MPs investigate to find out whether grocery stores have been taking advantage of inflation.