Members of Parliament have summoned the heads of Canada害羞草研究所檚 largest grocery store chains to answer for rising food prices.
On Monday, a House of Commons committee studying food price inflation called on the CEOs and presidents of Loblaw Companies, Metro and Empire Company Limited 害羞草研究所� which operates chains including Sobeys, Safeway and FreshCo 害羞草研究所� to attend an upcoming meeting.
The hearing has not yet been scheduled.
The proposal to hear from the industry leaders came from NDP MP Alistair MacGregor, and it received unanimous support from Liberal, Conservative and Bloc Qu茅b茅cois MPs on the committee.
Executives from all three companies, as well as Save-On-Foods, have testified at past committee meetings focused on the rising cost of food 害羞草研究所� but not their CEOs.
害羞草研究所淭hose at the heads of these companies, where the buck stops 害羞草研究所� should at least have to answer questions around why their profits are so high and why their prices are so high,害羞草研究所� said NDP Leader Jagmeet Singh on Tuesday. 害羞草研究所淎nd why are they profiting off the backs of Canadians?害羞草研究所�
The committee began the study in October, originally setting aside six meetings to discuss the subject. MPs have now decided to add more meetings and witnesses, aside from the CEOs.
The Retail Council of Canada, which advocates for grocers, said it wants the committee to call upon global brands, manufacturers, processors and wholesalers.
害羞草研究所淕rocers are food distributors 害羞草研究所� they buy goods from suppliers and then sell them to customers. This means that they are largely dependent on what suppliers ask them to pay for their products,害羞草研究所� said Michelle Wasylyshen, a spokesperson for the council, in a statement Tuesday.
害羞草研究所淲hat Canadians need is for political leaders to start looking at the food price inflation problem in all its complexities and this has not yet happened.害羞草研究所�
Metro declined to comment, while Loblaw and Empire Company Limited didn害羞草研究所檛 immediately respond to a request for comment.
Prices for food purchased from stores rose nearly 10 per cent in 2022, the fastest pace since 1981, with higher prices in every food category except for canned salmon, according to Statistics Canada.
害羞草研究所淐anadians are cutting back on their usual grocery lists and stretching their paycheques even further to get less for their families,害羞草研究所� said MacGregor, who is the NDP害羞草研究所檚 food price inflation critic.
害羞草研究所淏ut all the while, these grocery CEOs are making more money than they ever have before. It just doesn害羞草研究所檛 add up.害羞草研究所�
Last year, the Liberal government ordered the Competition Bureau to study food prices at grocery chains and whether competition between companies is contributing to higher prices.
The bureau has said that many factors may have affected the price of food, including extreme weather, higher input costs, Russia害羞草研究所檚 invasion of Ukraine and supply-chain disruptions. Its study is expected to be released sometime this year.
Pierre St-Laurent, the chief operating officer for Empire Company Limited, told the committee in December that global challenges are increasing the costs of food production.
害羞草研究所淯nfortunately, present circumstances are such that our suppliers have no choice but to ask retailers for significant price increases if they are to remain profitable,害羞草研究所� St-Laurent said.
害羞草研究所擬ickey Djuric, The Canadian Press
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