The number of tariff-hit products at the grocery store could soon spike as pre-tariff inventory runs out, CEO Per Bank said, which means prices for some items will go up too.
Any excuse for Loblaws to raise their prices even higher than they have been.
If we didn’t do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.
Yes, Canada uses immigration to prop up our economy due to our declining birth rate and our cancerous economic system. What does that have to do with Loblaw’s price gouging?
The TFW policy on immigration is terrible and an issue absolutely, but you’re using it as a whataboutism away from the topic at hand – that is chiefly a Loblaws decision to screw over people and reap the benefits from it.
Just to put this in perspective, Loblaws profits are going up.
https://ca.investing.com/news/transcripts/earnings-call-transcript-loblaw-companies-q1-2025-sees-revenue-growth-dividend-boost-93CH-3984595
What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.
“The company announced a 10% increase in dividends and repurchased $457 million in shares.”
They are buying back their own shares. Potential investment money gone to waste.
Buying up their own shares make the share value go up, less shares to buy and the such. This is awesome form investors and shareholders.
Fuck the customers
If we didn’t do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.
Do we blame them or the Feds though?
Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs
LOL
Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.
Yes, Canada uses immigration to prop up our economy due to our declining birth rate and our cancerous economic system. What does that have to do with Loblaw’s price gouging?
The TFW policy on immigration is terrible and an issue absolutely, but you’re using it as a whataboutism away from the topic at hand – that is chiefly a Loblaws decision to screw over people and reap the benefits from it.
People will do anything but blame corporations for their behaviour.
If we tax them prices will go up! Of course they raised prices, we didn’t make enough eye contact while we fellated the board!
Funny it’s never “raising prices is pointless, people will just demand higher wages!”
This makes absolutely no sense. Actually, it appears you are trying to mask far-right extremism in a seemingly innocuous post.
I blame you for meaningless obfuscation.