House of Commons committee recommends federal government address excessive net profits in food industry, particularly in monopolistic and oligopolistic sectors.

The House of Commons committee recommends the federal government consider policies to address excessive net profits in the food industry, particularly in monopolistic and oligopolistic sectors, which are driving up prices for farmers and consumers. The committee's report detailed research into food inflation and insecurity in Canada, including high-profile testimony from grocery executives on their profits amid food inflation.