12:08:44 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Empire Company Ltd
Symbol EMP
Shares Issued 149,818,665
Close 2023-12-07 C$ 37.92
Market Cap C$ 5,681,123,777
Recent Sedar Documents

Globe/CP say Loblaw, Walmart accused of sabotaging code

2023-12-08 09:08 ET - In the News

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

The Globe and Mail reports in its Friday edition that Agriculture Minister Lawrence MacAulay would not rule out the possibility of provincial or federal government intervention if the grocery code of conduct fails to get every major retailer on board. A Canadian Press dispatch to The Globe says that Mr. MacAulay said Thursday he will meet next week with federal Industry Minister François-Philippe Champagne and provincial ministers to discuss options for both provincial and federal governments if the major grocers do not sign on. "Perhaps some changes have to be made," he said. Mr. MacAulay and Quebec Agriculture Minister Andre Lamontagne have expressed their disappointment to see the grocery code of conduct has still not been launched after years of work, with some "supply chain partners" hesitant to sign on. At a House agriculture committee meeting in Ottawa on stabilizing food prices, members of Parliament pressed Walmart Canada chief executive officer Gonzalo Gebara and Loblaw chairman Galen Weston on why their companies have not yet signed the code. Bloc Quebecois MP Yves Perron accused both companies of "sabotaging" the development of the code. Mr. Weston said Loblaw will sign the code, but not in its current form.

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