11:53:42 EDT Mon 30 Mar 2026
Enter Symbol
or Name
USA
CA



Empire Company Ltd
Symbol EMP
Shares Issued 128,525,684
Close 2026-03-27 C$ 49.44
Market Cap C$ 6,354,309,817
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Globe/NYT say Metro hears diesel fueling higher prices

2026-03-30 07:37 ET - In the News

See In the News (C-MRU) Metro Inc

The Globe and Mail reports in its Saturday edition that diesel prices are rising. A New York Times dispatch to The Globe reports that the agriculture industry relies on diesel, which means food prices will increase. Agricultural products from other countries are likely to reflect those increases first. California Forward's Kate Gordon says grocery stores could soon begin to see shifts in the type of products they carry. She says: "We're used to, in the United States, having our fruits and vegetables not be particularly seasonal, because we get them from all over the world. ... You may not see as many vegetables out of season." All of this comes as inflation and high interest rates have already taken a toll on household budgets. Oxford Economics' Bernard Yaros says: "Our main concern is for the consumer, especially for lower income consumers, who spend a much larger share of their budgets on food than higher income households. The outsize pressure that we'll see in food inflation is just going to further widen that consumer bifurcation." He adds that food price increases typically follow an increase in diesel by three months, and in this instance would be comparable with the inflation during pandemic-era lockdowns.

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