Grocery Executives Questioned by MPs Over Rising Food Prices

Galen Weston, chairman and president of Loblaw Companies (R) and NDP Leader Jagmeet Singh attend the Standing Committee on Agriculture and Agri-Food (AGRI) investigating food price inflation in Ottawa on March 8, 2023. Spencer Colby/The Canadian Press

The heads of Canada’s three biggest grocery chains faced blunt questions at a committee meeting in Parliament over food inflation.

MPs questioned the executives over what they claimed were record profits, while the executives responded their profit margins have not changed—in fact in some cases have dropped.