Walmart, Loblaw still resisting Canada's grocery code of conduct.

Walmart and Loblaw have not yet agreed to Canada's grocery code of conduct, which establishes rules for negotiations between retailers and suppliers. The code also includes a dispute resolution process. Walmart and Loblaw have expressed concerns that the code would raise food prices, with Loblaw estimating a $1 billion increase in costs. The implementation of a grocery code adjudicator office has been put on hold due to their stance. However, other retailers, such as Sobeys, believe that the code could help reduce prices for consumers. The House of Commons committee has threatened to recommend legislation if Walmart and Loblaw do not join the code. The code is currently being reviewed and may be revised for clarity. Both Loblaw and Walmart have stated that they are actively engaged in the process. [Extracted from the article]