07:26:27 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Empire Company Ltd
Symbol EMP
Shares Issued 154,089,235
Close 2023-07-05 C$ 37.17
Market Cap C$ 5,727,496,865
Recent Sedar Documents

Globe says Loblaw, rivals hear call for wider foodscape

2023-07-06 08:05 ET - In the News

See In the News (C-L) Loblaw Companies Ltd

The Globe and Mail reports in its Thursday edition that last week, the Canadian Competition Bureau called on governments to take action on food prices. The Globe's guest columnist Sarah Elton writes that research conducted at her lab had found that the Ontario Food Terminal in Toronto services a wide range of businesses beyond the big five supermarkets, and supports easy access to fruits and vegetables in neighbourhoods across the city and beyond. She says this piece of public food system infrastructure offers a model for the kind of diverse retail foodscape that the country needs more of. The terminal is the wholesale marketplace for fresh fruits and vegetables sold all over the Greater Toronto Area and beyond, from small shops on main city streets, to flea-market and roadside produce sellers, to neighbourhood grocers and independent supermarkets that are not owned by the big brands. Food sold at the terminal also supplies other independent food businesses, such as restaurants and caterers. Independent buyers from across Ontario, Quebec and even the Atlantic provinces by produce there. Ms. Elton says this institution makes a diverse retail foodscape truly possible. Her research has found this to be true.

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