The Financial Post reports in its Thursday, June 15, edition that Ottawa should implement a windfall tax on grocers if the Competition Bureau finds they are generating excess profits on food items, the parliamentary agriculture committee says. The Post's Marisa Coulton writes that the windfall tax is one of 13 recommendations made by the committee in a report, released on June 13. The committee wrote, "While the food and beverage retail sector has been facing cost pressures related to supply chain issues and labour shortages, they have also over the same period recorded an increase in their net income." This has "led some to speculate as to whether Canada's five largest retailers, who control 80 per cent of the grocery market, are engaged in 'price-gouging.'" The major grocery chains have argued they are not. The Post says grocers' bottom lines would take a hit if the government eventually decides to implement a windfall tax, pending the findings of the Competition Bureau. The federal regulator is currently conducting a study of food inflation. The Competition Bureau's study is set to conclude this month, now that itss steering committee has consulted with industry players.