Skip to Main content

11.25°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Oct 5, 2023 6:47 PM - The Canadian Press

Grocery prices will soon see stability: Champagne

Share On

grocery-prices-will-soon-see-stability-champagne

Prime Minister Justin Trudeau gave major grocers like Loblaws an ultimatum to come up with a plan to cut prices by Thanksgiving and said the government would tax their profits if they didn't.(Photo: The Canadian Press)

Canadians may soon see grocery prices stabilized.

This has been announced by Industry Minister Francois Philippe Champagne on Thursday.

The minister said that major grocery stores are going to take steps to control prices and Canadians can expect to see a reduction and stabilization of food prices soon.

Loblaw's, Metro, Empire, Costco and Walmart have agreed to control grocery prices, resulting in lower grocery prices, Champagne said.

He said that this is the initial step towards providing relief to Canadians, the government will do more.

Prime Minister Justin Trudeau gave major grocers like Loblaws an ultimatum to come up with a plan to cut prices by Thanksgiving and said the government would tax their profits if they didn't.

Negotiations with grocers were entrusted to Industry Minister Francois-Philippe Champagne, who held several rounds of meetings with top officials of grocery chains.

Latest news

fifteen-people-accused-in-b-c-extortion-cases-file-refugee-claims-cbsa-confirms

CanadaDec 12, 2025

Fifteen people accused in B.C. extortion cases file refugee claims, CBSA confirms

Canada’s border agency says 15 foreign nationals linked to ongoing extortion investigations have submitted refugee claims, a move that has drawn concern from local officials in Surrey as the region continues to grapple with a surge in extortion-related crime. The Canada Border Services Agency says each claimant will be assessed under federal asylum rules, but did not disclose the individuals’ nationalities or details of their applications. Surrey Mayor Brenda Locke says she is troubled by the development and argues that the public expects federal systems to prevent criminal suspects from u

worksafebc-issues-more-than-1-3-million-dollars-in-penalties-after-fatal-crane-incident-at-oakridge-park

WorkSafeBC issues more than 1.3 million dollars in penalties after fatal crane incident at Oakridge Park

WorkSafeBC has levied more than 1.3 million dollars in fines against EllisDon Corporation and Newway Concrete Forming following a series of crane-related safety violations, including the February 2024 incident at Vancouver’s Oakridge Park development that killed construction worker Yuridia Flores. The penalties stem from multiple investigations involving highrise projects in Vancouver and Victoria. Flores died when a large concrete form mould – measuring nearly 10 metres by six metres – fell 26 storeys after accelerating out of the side of the building while being moved between floors. E

alberta-ends-fall-sitting-after-sweeping-use-of-notwithstanding-clause-draws-scrutiny

AlbertaDec 12, 2025

Alberta ends fall sitting after sweeping use of notwithstanding clause draws scrutiny

Alberta’s fall legislative session closed this week with Premier Danielle Smith’s government advancing two major bills that relied heavily on the Charter’s notwithstanding clause, a move that has renewed debate over the limits of provincial authority and the protection of individual rights. The clause was applied four times in the sitting, shielding the legislation from certain court challenges for up to five years. The government first invoked the clause when it passed a law ordering more than 51 thousand public school teachers back to work following a three-week provincewide strike. Th

AlbertaDec 12, 2025

Advocacy groups shift legal strategy in bid to challenge Alberta’s gender care law

Two national advocacy organizations say they are pivoting their legal strategy as they continue efforts to challenge Alberta’s restrictions on gender-affirming care for youth. Egale Canada and the Calgary-based Skipping Stone Foundation launched a constitutional challenge last year after the province passed legislation prohibiting doctors from prescribing puberty blockers or hormone therapy to people under 16, and from performing gender-affirming top surgery on anyone under 18. The groups say the path through the Charter of Rights and Freedoms has become significantly more difficult since th

IndiaDec 12, 2025

Threatening email targets multiple schools in Amritsar, prompting closures and police response

Authorities in Amritsar ordered an immediate shutdown of several private schools after administrators reported receiving an email threatening bomb attacks on campus. The message, sent to multiple institutions early Tuesday, triggered evacuations and a large-scale police deployment. Local officials said at least 15 well-known private schools were identified in the threat. Police teams, including the bomb squad and fire services, secured school grounds while investigators worked to verify the credibility of the email. The Deputy Commissioner directed schools to release students for the day as a

Related News

Fifteen people accused in B.C. extortion cases file refugee claims, CBSA confirms

Fifteen people accused in B.C. extortion cases file refugee claims, CBSA confirms

Canada’s border agency says 15 foreign nationals linked to ongoing extortion investigations have submitted refugee claims, a move that has drawn concern from local officials in Surrey as the region continues to grapple with a surge in extortion-related crime. The Canada Border Services Agency says each claimant will be assessed under federal asylum rules, but did not disclose the individuals’ nationalities or details of their applications. Surrey Mayor Brenda Locke says she is troubled by the development and argues that the public expects federal systems to prevent criminal suspects from u

CRA plans major hiring push to boost call centre capacity ahead of tax season

CRA plans major hiring push to boost call centre capacity ahead of tax season

The Canada Revenue Agency says it plans to bring on roughly 1,700 additional call centre staff in the coming months as it prepares for a surge in taxpayer inquiries during the upcoming filing season. Agency officials say the goal is to expand the workforce to about 4,500 agents, citing internal forecasts that anticipate heavy call volumes. Melanie Serjak, an assistant commissioner with the CRA, told reporters that it is routine for the agency to scale up its operations for tax season, when daily call volumes can exceed 300,000. She said last year’s peak staffing level reached about 3,300 age

House of Commons prepares to adjourn for six-week winter break as key bills remain unfinished

House of Commons prepares to adjourn for six-week winter break as key bills remain unfinished

Members of Parliament are expected to wrap up the fall sitting as early as Thursday, ending the session ahead of the scheduled Friday adjournment and beginning a six-week winter break. MPs are due to return to the House on January 26, leaving several major pieces of government legislation still awaiting final approval. Government House Leader Steven MacKinnon said the minority Liberal government considers the fall session productive, noting progress on budget and public-safety bills that have not yet cleared Parliament. This sitting was the first full session under Prime Minister Mark Carney,

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital