13:24:39 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Empire Company Ltd
Symbol EMP
Shares Issued 151,912,608
Close 2023-09-21 C$ 36.66
Market Cap C$ 5,569,116,209
Recent Sedar Documents

Globe says Metro, rival grocers see new bill tabled

2023-09-22 08:18 ET - In the News

See In the News (C-MRU) Metro Inc

The Globe and Mail reports in its Friday, Sept. 22, edition that Finance Minister and Deputy Prime Minister Chrystia Freeland introduced Bill C-56 Thursday morning, which the government is calling the Affordable Housing and Groceries Act. The Globe's Bill Curry and Marieke Walsh writes that the legislation provides new details on a package of policies that Prime Minister Justin Trudeau first announced last week. The price of housing and groceries is a pressing concern for voters because of high inflation. Ms. Freeland, Innovation Minister Francois-Philippe Champagne and Housing Minister Sean Fraser said that the legislation would lead to more housing and less anticompetitive behaviour by companies, including those in the grocery sector. The legislation is just six pages, plus a cover and summary page. It creates a framework for the Industry Minister to direct the Competition Commissioner to conduct an inquiry into the state of competition in a market or industry; allow the Competition Tribunal to make certain orders related to anti-competitive behaviours and aim to make mergers more difficult by removing a provision that allows companies to argue a merger is warranted because it will create efficiency gains.

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