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The Guardian - US
The Guardian - US
World
Leyland Cecco in Toronto

Canada’s largest grocer to freeze prices amid profiteering accusations

A Loblaw grocery store in Ottawa, Ontario, Canada.
A Loblaw grocery store in Ottawa, Ontario, Canada. Photograph: Chris Wattie/Reuters

Canada’s largest grocer has announced a price freeze on its low-cost product line, amid accusations of profiteering during a worsening of cost of living crisis – and a looming parliamentary investigation into the food retail industry.

Inflation figures on Wednesday showed that grocery prices in the country rose 11.4% over last month, continuing a surge not seen in more than four decades.

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