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Stock impact report

New grocery task force isn't living up to government promises, Ottawa says [Globe and Mail, The (Toronto, Canada)]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The acknowledgment was made earlier this month in response to written questions by the NDP. Industry Minister Francois-Philippe Champagne said last fall the government would establish a grocery task force within the Office of Consumer Affairs. He described it asa dedicated team that would monitor grocers' work to stabilize food prices, and investigate and uncover practices like shrinkflation. The April federal budget reiterated the message that the task force is monitoring the grocers' work on price stabilization, “as well as investigating other price inflation practices in the grocery sector.” But the task force appears to have less teeth than the government's description suggests. In February, NDP MP and agri-food critic Alistair MacGregor requested information from the federal government on the task force and its investigations. The response from the government he received this monthsays, “As the task force has no mandate to take enforcement actions, it has not conducted Show less Read more
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