Canada’s largest grocer to freeze prices amid profiteering accusations

Loblaw Companies says it will lock in prices of no name' amid looming parliamentary investigation into the food retail industry

Canada's largest grocer has announced a price freeze on its low-cost product line, amid accusations of profiteering a worsening cost of living crisis - and a looming parliamentary investigation into the food retail industry.

Inflation figures on Wednesday showed that grocery prices in the country rose 11.4% over last month, continuing a surge not seen in more than four decades.