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price freezesCityNews
•Business
Business & Economics
79% Informative
Every holiday period, most Canadian grocers maintain a blackout on price increase requests from suppliers.
Industry insiders say it’s a long-standing practice that helps stabilize prices during a time of year when consumers are more price-sensitive.
Grocers have repeatedly pointed to supplier price increases as they defend their profits.
The grocery industry has come under a lot of scrutiny in recent years amid allegations the companies have unduly profited from inflation.
The price freeze wasn’t a priority in the government’s crackdown, nor a study on the grocery sector.
A report from the Federal-Provincial-Territorial group studying retailer fees noted these blackouts mean suppliers often eat additional costs from outside factors.
VR Score
81
Informative language
81
Neutral language
61
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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