Rising grocer profit margins underscore need for competition, regulator finds

Canada's grocery sector needs more competition to help keep food prices down, give shoppers more choice and encourage new entrants, the country's competition watchdog says. In a highly anticipated study released Tuesday, the Competition Bureau said concentration in the grocery industry has increased in recent years and the largest grocers have increased the amount they make on food sales. Most Canadians buy groceries in stores owned by a handful of grocery giants, with Canada's three largest gro