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Jun 27, 2023 · Canada's grocery business is controlled by large players and needs government assistance to encourage new entrants to bring down prices, a report from the Competition Bureau says.
- Canada's shopping for a foreign grocer. Can an international ...
A Competition Bureau report in June 2023 assessed the state...
- Canada's shopping for a foreign grocer. Can an international ...
Jun 27, 2023 · The Bureau agrees that Canada needs more grocery competition. The Canadian grocery industry is concentrated. While this is not the sole reason grocery prices are high, more competition in the industry could drive down prices. Based on the findings of this study, the Bureau has made a number of recommendations on steps governments can take to ...
May 3, 2024 · A Competition Bureau report in June 2023 assessed the state of the Canadian grocery industry and concluded that more competition was needed to bring prices down — and that the entry of a foreign ...
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Competition Bureau makes recommendations to promote competition in Canada’s grocery industry June 27, 2023 – GATINEAU, QC – Competition Bureau
Actions to increase competition would encourage lower prices and more choice for Canadians.
June 27, 2023 – GATINEAU, QC – Competition Bureau
Grocery prices have increased at their fastest rate in more than 40 years, and Canadians are feeling the pinch.
Today, the Competition Bureau has published its market study report ꟷ Canada Needs More Grocery Competition ꟷ which recommends that all levels of Canadian government act to increase competition in the grocery industry.
The report highlights the findings of the Retail Grocery Market Study that the Bureau launched on October 24, 2022. It examines the state of competition in the grocery industry and identifies barriers to increasing competition. It also explores the potential for independent grocers, international grocers, and emerging business models to deliver more competition, innovation, and choice to Canadians.
“As we have witnessed the highest cost-of-living increases seen in a generation, Canadians are recognizing the relationship between a lack of competition and rising prices. By acting now, governments at all levels can take steps towards creating a more competitive grocery industry. Competition can help lower prices and make life more affordable for Canadians.”
Matthew Boswell
•During the study, the Competition Bureau engaged with a wide range of stakeholders, including domestic and international grocery retailers of all sizes, industry experts, international competition authorities, and Canadian consumers.
Over the course of the study, the level of cooperation from stakeholders with Bureau requests for information varied. The Bureau is not able to compel information when it conducts market studies.
In October 2022, the Bureau launched a market study of grocery store competition in Canada. The study explored how governments across Canada can promote greater competition in the retail grocery industry. More competition can lead to lower prices, more convenience, and more innovation. A complete market study notice, including the scope of the ...
Jan 31, 2024 · Canada needs more competition for grocery dollars, and having more players in the market would help put downward pressure on prices, the industry minister said Author of the article: The Canadian ...
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May 3, 2024 · When the Competition Bureau released a wide-ranging report in June 2023 that assessed (new window) the state of the Canadian grocery industry, it concluded that more competition was needed to ...
