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Potato Fest to support In Honour of the Ones We Love in Windsor, Ont., on Thursday, Dec. 7, 2023. (CTV News Windsor)
Jackson Park fire in WIndsor, Ont., on Sunday, Nov. 12, 2023. (Bob Bellacicco/CTV News Windsor)

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Grocer profits set to exceed record in 2023, expert says, ahead of committee meeting

Profits in the Canadian grocery sector will likely exceed $6 billion in 2023, setting a new record as they rise eight per cent from last year, according to the Centre for Future Work. New research by the progressive research institute found that food retailers are now earning more than twice as much profit as they did pre-pandemic.

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