Grocery code of conduct won’t drive prices higher, Sobeys chief executive says

TORONTO — There’s no evidence that a grocery code of conduct would raise food prices for Canadians, said Empire Co. Ltd. chief executive Michael Medline. 

He told an audience at a Retail Council of Canada event in Toronto on Tuesday that he wouldn’t support a grocery code of conduct for his industry if he thought it would raise food prices.

Medline, who was the first grocery executive to speak out in favour of a code, said he hopes the grocery code could lead to lower food prices in the future, but added it’s not a panacea “for all the issues that drive up prices.” 

Last fall, Loblaw and Walmart

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