Canadian Finance Minister Freeland said government will do all it can to stabilize prices

The comments came in reference to Industry Minister François-Philippe Champagne and Finance Minister Chrystia Freeland meeting on Monday with the heads of Canada’s five largest grocery chains.

The 5 chains have “agreed to work with” the federal government to stabilize food prices said Champagne. More:

  • “As you would expect, those are difficult discussions but much-needed discussions at a time that Canadians are feeling the high prices of groceries,”
  • “I appreciate the constructive nature of the discussions we had. Bottom line is that they agreed to work with the government to stabilize food prices in Canada.”

Stabilzing prices would further support the Bank of Canada remaining on hold.

The latest from the BoC:

This article was written by Eamonn Sheridan at      

Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
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