(Noel Hendrickson/DigitalVision/Getty Images)

Loblaw to back Canada grocery code 

The code has been the focus of considerable back and forth between food retailers and Ottawa

After months of negotiation, Loblaw Companies Limited (Loblaw) says it’s standing behind a proposed grocery code of conduct.



Photo: Thinkstock

Canadian food inflation to slow through 2024, report says

More certainty has brought an uptick in grocer promotions, but consumers are struggling

Canadian food prices are expected to rise between 2.5 and 4.5 per cent in 2024, according to a new report. “It is probable that Canadians will continue to experience the strain of food inflation compounded by increasing costs of housing, energy and various other expenditures,” according to Canada’s Food Price Report 2024.


File photo of the produce section at a Canadian grocery store. (FatCamera/E+/Getty Images)

Competition Bureau to probe soaring food prices

Retail food prices seen outpacing inflation

Reuters — Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition in the grocery stores sector could help lower costs for Canadians. Price rises for store-bought food have been outpacing the broader annual inflation rate for 10 consecutive months, and grew 11.4 per cent in September, […] Read more

File photo of a Loblaw-owned Real Canadian Superstore location in Winnipeg. (Dave Bedard photo)

Loblaw beats estimates for quarterly revenue

Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at home has sustained even as COVID curbs have eased, continuing to help sales at grocery stores that benefited during last year’s lockdowns. Companies such as […] Read more