The leaders of Canada’s major grocery chains say that food price inflation is not caused by profit-mongering and that their margins on food-related profits have remained low. The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc., and Empire Co. Ltd. appeared Wednesday in front of a parliamentary committee that is studying inflated grocery prices. NDP Leader Jagmeet Singh focused his questions on Galen Weston, the billionaire chairman and president of Loblaw.
