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More competition crucial in stabilizing grocery prices, Freeland says

Pair of major Canadian grocers reported higher profits and sales in most recent quarter
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Finance Minister Chrystia Freeland says more competition is needed in Canada’s grocery sector as consumers grapple with the rising cost of living.

Speaking at a press conference in Mascouche, Quebec, Freeland said major changes are needed to Canadian competition law in order to help stabilize prices.

Her comments came after two of the country’s major grocers reported higher profits and sales in the most recent quarter.

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