Prime Minister Justin Trudeau says his government is giving grocery companies until Thanksgiving to come up with a plan to stabilize food prices.
Trudeau says if the companies don’t provide a plan, the federal government is not ruling out forcing them to act through tax measures.
It was one of several affordability measures Trudeau announced at the end of his party’s caucus retreat Thursday in London.
The federal Liberals are also following through on a promise they first made in the 2015 election — to remove the G-S-T on construction of new rental apartment buildings.
Trudeau announced Thursday afternoon that the federal government will remove the G-S-T on construction of new rental apartment buildings — lowering the cost of labour and materials for homebuilders.
But news of the housing announcement is being met by skepticism from opposition parties.
The Ford government is welcoming the move, and has pledged to also drop provincial sales taxes.
