Accusations that grocery stores are to blame for higher food inflation have prompted an often vocal critic of the chains to take the unusual step of defending the big grocers
during a parliamentary hearing in Ottawa on Wednesday, accusing the retailers of driving up food prices to pad profits.
“But the independents are seeing the same supplier increases as the chains,” he said. “The retailers at the end of the supply chain have become the focal point of everybody’s angst about the rising price of food ... but we know these factors are beyond their control.”While suppliers may have previously sent one price increase a year, Sands said they’re now raising prices two or three times a year – often by double digits.
Still, the major grocers have been posting stellar financial results amid high grocery inflation, which hit 11.4 per cent in January compared to a year ago. While Canadians are looking for someone to blame, Sands said rising food costs come from a confluence factors: the invasion of Ukraine, droughts and flooding, higher energy and labour costs, border disruptions and the Avian bird flu.
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