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Toronto Launches City-Run Grocery Stores

Published 5 days, 2 hours ago
Description

Toronto City Council approves pilot project for four nonprofit grocery stores in low-income areas, aiming to reduce food prices. Stores will mimic regular supermarkets but sell basics at lower prices by skipping markups. City will waive property taxes and fees. Council votes twenty-one to three in favor, with local food bank group urging a study on cost-effectiveness. Similar city-run shops already in place in Mexico and Turkey, and New York Citys mayor has proposed the same plan. Details to be finalized, with potential to ease grocery bill squeeze for those in need.

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