Competition Bureau investigating food supply chain competition
The federal agency is examining production, transportation, and retail pricing to understand how competition affects grocery prices for consumers.
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The Competition Bureau is launching an investigation into how competition along the food supply chain affects grocery prices for consumers.
The bureau will examine three key areas: production and processing, transportation and distribution, and retail pricing practices. The investigation represents a broad approach to understanding where the bureau can intervene and what policy-makers can do to improve affordability.
"The cost of food matters to all Canadians and strong competition can help keep prices in check," said Jeanne Pratt, interim commissioner of competition. She's asking industry stakeholders to share their experiences as part of the inquiry.
This investigation builds on findings from the bureau's 2023 retail grocery market study, which found that greater competition could help lower prices and spur innovation. The final report is expected to be published next spring, including findings and recommendations to governments on how competition could be improved across the food supply chain.