Like its Canadian counterparts, Walmart is pushing back against claims that grocers are profiting from the rising cost of food.
Gonzalo Gebara, the head of Walmart Canada, told MPs on the House agriculture committee Monday that rising prices were caused by “a perfect storm” of external factors, not price-gouging.
“While customers only see the final price on the shelf, the reality of food inflation is that there are multiple touch points along the way where inflation has taken hold,” he said.
Overall inflation cooled last month, dropping to 5.2 per cent in February from 5.9 per cent the month previous. But prices for food
