Canada Needs More Competition in Grocery Market, Watchdog Says

Canada Needs More Competition in Grocery Market, Watchdog Says
People shop for produce and seafood at a store in Vancouver on July 20, 2022. The Canadian Press/Darryl Dyck
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Canadians have only a few grocery giants from which to choose and that lack of competition means higher prices, lower product quality, and less choice, according to a new report by the Canadian Competition Bureau.

The federal department released a grocery market study report, “Canada Needs More Grocery Competition,” on June 27, saying grocery prices have risen at the fastest rate in the country in more than 40 years.