The head of Canada’s biggest grocery chain says the looming implementation of the grocery code of conduct would lead to higher prices for consumers, not lower ones.
Speaking at a House of Commons agriculture committee meeting on Thursday morning on stabilizing food prices, Galen Weston, executive chairman of the Loblaws group of companies, said his company and the industry at large have been unfairly targeted for food price inflation.
He says Loblaws has been an “active participant in discussions with government” on the topic of food prices, and noted that the company has “meaningfully” reduced its prices on staple items that make
