What Canadians need to know about the grocery code of conduct [BNN Bloomberg (Canada)]
Walmart Inc. (WMT)
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Source: BNN Bloomberg
The voluntary code, which applies to relationships between major grocery retailers and their suppliers, was first proposed amid mounting concerns about rising food prices, supplier fees and the growing imbalance within Canada's highly concentrated grocery sector Federal and provincial agriculture ministers have long argued that clearer rules are needed to curb practices that can drive up costs throughout the supply chain, even if those costs aren't always visible to consumers. While the code does not regulate grocery prices or promise immediate relief at the checkout, supporters say it could help stabilize the food supply chain over time by reducing unexpected fees and conflicts that affect availability, competition and consumer choice. The code is set to take effect Jan. 1. Here's what it means, how will it work and how it might affect Canadians at the grocery store. What is the grocery code of conduct? The Canada grocery code of conduct is a set of standards meant to guid
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