affordable store

The Affordable Housing and Groceries Act, Bill C-56 (French: Loi sur le logement et l’épicerie à prix abordable) is a proposed legislation tabled in the House of Commons of Canada on 21 September 2023.
The legislation has two parts. The first will temporarily remove the goods and services tax (GST) on new residential rental developments.
The second part consists of three competition-related changes.
Bill C-56's amendments will expand the role of the Minister of Industry, which is expected to politicize the competition policy enforcement process.
Critics of the bill note that competition policy is unlikely to be helpful in reducing price inflation in the grocery sector, as studies indicate it is a low-margin industry that has been hit by recent adverse macroeconomic shocks.
The Business Council of Canada says there has been inadequate consultation to consider the proposed amendments' possibly wide-ranging consequences.

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