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Northern stores ‘absolutely not’ hiking food costs when federal funding arrives, says CEO – CBC

by ahnationtalk on December 11, 202428 Views

Dec 11, 2024

Dan McConnell says his company is looking to lower food prices

The chief executive of the North West Co. Inc. is rejecting accusations that its stores in remote Indigenous communities hiked food prices as funding flowed in this year from federal programs aimed at making necessities more affordable.

Dan McConnell made the comments Tuesday during a call for shareholders discussing the company’s third-quarter financial results, in which it reported consolidated sales of $637.5 million.

Read More: https://www.cbc.ca/news/canada/newfoundland-labrador/north-west-co-food-prices-reject-1.7407201

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