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Canada's grocery sector among the most competitive on Earth, claims Sobeys CEO

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The top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on the planet, even as Canadians continue to feel the bite of higher prices.

“Although our country’s food inflation has been among the lowest in the world, and Canada is among the most competitive nations on Earth when it comes to grocery retail, this provides little comfort to Canadians who are struggling,” Michael Medline told MPs on the House of Commons agriculture committee.

Medline is the CEO of Empire Company Ltd., which owns Sobeys and other grocery store chains.

His appearance came after the committee

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