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Feds single out Pepsi, Coke for skipping food industry inflation summit

7 major firms met with Ottawa to discuss ways to curb cost-of-living hikes in the gorcery business
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Minister of Innovation, Science and Industry, Francois-Philippe Champagne rises during Question Period in the House of Commons on Parliament Hill in Ottawa, Thursday, Sept. 21, 2023. THE CANADIAN PRESS/Patrick Doyle

Canada91裸聊视频檚 industry minister made a point of calling out Pepsi and Coca-Cola for not sending representatives to a meeting he convened on Monday with manufacturing companies to discuss stabilizing grocery prices.

Fran莽ois-Philippe Champagne singled out the two companies when asked by a journalist what the consequences would be if major industry players did not succeed in stopping high inflation.

91裸聊视频淭his morning, (their CEOs) did not attend the meeting,91裸聊视频 Champagne said of beverage giants Pepsi and Coca-Cola.

91裸聊视频淚 intend to call on them and I will continue to do so. 91裸聊视频 I don91裸聊视频檛 stop,91裸聊视频 he told reporters.

The Canadian leaders of seven international manufacturing companies, including Nestl茅 and Kraft Heinz, met with Champagne.

He summoned them to answer to Prime Minister Justin Trudeau91裸聊视频檚 call earlier this month for Canadian grocers to come up with a plan to stabilize prices by Thanksgiving.

If major grocers fail to deliver ideas, Champagne said, 91裸聊视频渢he consequence is for all 40 million Canadians because we will be able to see who is taking action and who is not.91裸聊视频

A government source told The Canadian Press that the CEOs of Pepsi and Coca-Cola responded to the federal government summons by stating they were not available Monday. The source was granted anonymity because they were not allowed to speak publicly about the matter.

It91裸聊视频檚 unclear, however, whether another meeting between major food companies and the government will take place.

Monday91裸聊视频檚 meeting brought together top Canadian executives from McCain, Unilever, Nestl茅, Lactalis, Lassonde, Kraft Heinz, and Smucker Foods.

All avoided speaking with journalists. The CEO of the Food, Health & Consumer Products of Canada association, Michael Graydon, attended the meeting and agreed to answer questions on their behalf.

Graydon called the meeting 91裸聊视频渧ery productive.91裸聊视频

91裸聊视频漌e91裸聊视频檙e very much about co-operation and support, collaboration,91裸聊视频 he said. 91裸聊视频淚t91裸聊视频檚 an industry that needs to align and work collectively to find a solution.91裸聊视频

He said manufacturers want to collaborate with other players in the supply chain, such as major retailers like Loblaw and Costco, whose leaders Champagne met with one week earlier.

Trudeau has said that if the government isn91裸聊视频檛 satisfied with what major grocers come up with to stabilize prices, he would intervene, including with tax measures.

Graydon said it remains to be seen how detailed the plans will be by the government91裸聊视频檚 Thanksgiving deadline.

91裸聊视频漌e91裸聊视频檒l have to see whether, you know, the detail of how much completeness can be done by that time. But I think everybody91裸聊视频檚 working very hard to achieve that,91裸聊视频 Graydon said.

Champagne said he is happy Graydon 91裸聊视频渨ants to do something,91裸聊视频 because 91裸聊视频渋t91裸聊视频檚 a gain for Canadians.91裸聊视频

91裸聊视频淚t91裸聊视频檚 clear that what91裸聊视频檚 important is that we have timelines, work plans, and obviously concrete actions,91裸聊视频 the minister said.

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