Sobeys CEO fires back at NDP amid pressure for parliamentary inquiry on grocery profits

In an interview, Medline, chief executive of Empire Co. Ltd., the Stellarton, N.S.-based company that oversees 1,600 stores under the Sobeys, Safeway, FreshCo, IGA, Foodland and Farm Boy banners, doubled down on his defence of the Canadian grocery business against a growing backlash over the cost of food, and suspicions that corporate greed is contributing to higher grocery bills.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“If that’s the motion that goes through, it’s disappointing because it already has reached a conclusion without any work being done or any inquiry being held,” Medline said. “If people want to have inquiries that really can help Canadians, I’m all for it. I think a little good work beforehand, some reports and some facts, might be helpful instead of just, you know, trying to score some points by getting some grocery companies or retailers in front of Parliament.

Still, Medline said he would participate in any investigation — even though his previous appearance at a parliamentary inquiry, in the summer of 2020, devolved into a sparring match with members of Parliament over the top grocers’ simultaneous cancellation of their so-called Hero Pay bonuses.Article content

“I don’t think it’s any secret that I found the last parliamentary inquiry disappointing,” Medline said. “Some of it, if you read the transcript — which I’m not going to read again — it was a PR exercise.”in recent weeks as a rare food CEO willing to publicly challenge economists and consumer advocates who have asked why the three dominant grocery chains in Canada — Loblaw Cos. Ltd. and Metro Inc.

“From business leaders and from friends, I’ve never had a better reception to anything I’ve ever said,” Medline said of the speech. “I felt that something had to be said, and I said it. It got more attention than maybe I thought, which I’m glad of.”that Medline’s $8.65-million total compensation in 2022 represented a 15 per cent raise over 2021. “Did workers at his stores get a 15 per cent raise? No.

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