Cost of living: Pepsi and Coca-Cola absent in meeting with federal industry minister

Canada's industry minister made a point of calling out Pepsi and Coca-Cola for not sending representatives to a meeting he convened on Monday with manufacturing companies to discuss stabilizing grocery prices.

François-Philippe Champagne singled out the two companies when asked by a journalist what the consequences would be if major industry players did not succeed in stopping high inflation. 

"This morning, (their CEOs) did not attend the meeting," Champagne said of beverage giants Pepsi and Coca-Cola. 

"I intend to call on them and I will continue to do so … I don't stop," he told reporters.