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Parliamentary committee questions grocery chain CEOs over high food prices while studying food price inflation

By Natasha Bulowski, Canada’s National Observer, Local Journalism Initiative Reporter

Grocery chain CEOs fielded tough questions from MPs at a parliamentary committee meeting attempting to get to the root of why Canadians are facing such high food prices.

Across the food and beverage industry, net income has more than doubled, and this is reflected in the balance sheets of all three companies under scrutiny at the committee, said Liberal MP Ryan Turnbull.

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