B.C. NDP promises price guard on grocery staples, unit pricing rules
Eby says a re-elected government would cap margins on milk, eggs, cheese, butter and poultry.
Premier David Eby announced at a press conference in Kelowna on Friday that a re-elected NDP government would use a "price guard" to cap profit margins on essential foods including milk, eggs, cheese, butter and poultry, Daily Hive reported.
The party said it would mandate clear per-unit pricing to address "shrinkflation," ban real estate controls that limit competition between grocery stores, ban surveillance pricing, and work with Ottawa to establish a food terminal in the Lower Mainland where smaller grocers can buy wholesale. The NDP said the measures could save customers up to $700 a year.
"Grocery prices are a lot like housing. It's no one thing. It's going to take a bunch of steps to drive down your cost at the till," Eby said.
Daily Hive noted that grocery prices are 27 per cent higher than five years ago. The election is Oct. 24.
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