Amid high inflation, MPs should push grocer CEOs to disclose margins on food: expertsOTTAWA — As members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money. With the grocers making record profits amid high inflation, Charlebois said MPs have an opportunity to push for more financial information that could shed light on what's been driving profits. "I think it'd be worthwhile for the committee to dig deeper into that data for all three companies," Charlebois said. Still, despite the fact that grocers see generally lower margins, steep food inflation has received particular attention. Such obstacles can reduce competition, he said, noting that grocery margins in the U.S. are lower than those in Canada.
