The heads of Canada's biggest grocery chains pushed back at allegations they are profiteering from high inflation on Wednesday, telling lawmakers that they aren't the cause of high food prices and claim their profit margins are as razor thin as ever."We are not profiting from inflation, it doesn't matter how many times you say it ... it is simply not true," said Michael Medline, the CEO of Empire Foods, which owns Sobeys, FreshCo, Farm Boy, Foodland and other chains.
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