(Ottawa) The Commons committee studying food prices is urging Loblaw and Walmart to adhere to the voluntary code of conduct for grocery stores, otherwise the measure could be enshrined in a more restrictive law.
In a letter released Friday, the committee told executives at Loblaw and Walmart Canada that the immediate implementation of the code of conduct was an essential step in resolving the food industry’s problems.
Walmart and Loblaw have already indicated they will not sign the grocery store code of conduct as it currently stands. The two grocery giants argue that this measure could result in an increase in food prices for Canadian consumers.
Although the code of conduct is supposed to be voluntary, some have called for it to be enshrined in law, to ensure that everyone in the industry adheres to it.
If any of the retailers decide not to adhere to it, the Commons Standing Committee on Agriculture and Agri-Food says it will weaken the powers of the grocery code of conduct.
Supporters of the code say it will help level the playing field for suppliers and small grocery businesses.