Minister Champagne calls on international food processors to take action to stabilize food prices for Canadian consumers

OTTAWA, ON, Sept. 25, 2023 /CNW/ – In the present day, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Business, and the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Meals, met with main worldwide meals processors to proceed the Authorities of Canada’s efforts to carry aid for Canadian customers, and these processors have dedicated to supporting the federal government’s efforts to stabilize meals costs.

In the course of the assembly, the ministers emphasised the significance of meals processors working in parallel with retailers to assist new methods and actions that may make an actual distinction to stabilizing grocery costs in Canada.

The ministers acknowledged that, whereas there are quite a few challenges, there’s a want for better competitors and innovation on this sector.

Actions coming from the processors should not negatively impression small suppliers or the value that farmers obtain for his or her merchandise, nor ought to they impression pricing mechanisms as decided by supply-managed industries.

The ministers vowed to collaborate with all business actors to carry aid to Canadians. Stressing the necessity for a wide-ranging method, the ministers sit up for persevering with to work with the most important meals processors and different business actors—each home and international—within the coming weeks to stabilize meals costs in Canada.

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SOURCE Innovation, Science and Financial Growth Canada

For additional info: Audrey Champoux, Press Secretary and Senior Communications Advisor, Workplace of the Minister of Innovation, Science and Business, ; Media Relations: Innovation, Science and Financial Growth Canada,