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Are Canada’s big grocers to blame for your food bill?

Are Canada’s big grocers to blame for your food bill?

FromThe Decibel


Are Canada’s big grocers to blame for your food bill?

FromThe Decibel

ratings:
Length:
20 minutes
Released:
Mar 13, 2023
Format:
Podcast episode

Description

Could the rising price of groceries be chalked up to corporate greed? That was the question at a House of Commons committee last week when the executives of Canada’s three biggest grocers testified. Loblaw Cos. Ltd. president Galen Weston, CEO of Empire Co. Michael Medline and CEO of Metro Inc. Eric La Flèche all refuted claims that they were gouging customers under the guise of inflation.Food economist Michael von Massow says blaming Canada’s big grocers doesn’t explain the complex web of factors that have led to sustained food inflation. He helps untangle exactly what’s behind the rise, how much ‘greedflation’ is a part of it and how Canada could make things easier for consumers.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com
Released:
Mar 13, 2023
Format:
Podcast episode

Titles in the series (100)

Context is everything. Join us Monday to Friday for a Canadian daily news podcast from The Globe and Mail. Explore a story shaping our world, in conversation with reporters, experts, and the people at the centre of the news.