Canada’s food supply chain from harvest to store shelf will be under the Competition Bureau’s microscope for the next year.
The bureau announced its investigation on June 16 with a final report scheduled for release next spring.
“Food prices have risen sharply in recent years, putting significant pressure on Canadian households,” the Competition Bureau says. “While many factors influence food prices, competition plays an important role in keeping prices in check and giving Canadians more choice.”
This examination of Canada’s food supply chain will build on the findings of a June 2023 Competition Bureau report.
That report explicitly indicates “more competition is a key part of the answer” when it comes to making groceries more affordable.