Any excuse for Loblaws to raise their prices even higher than they have been.
Just to put this in perspective, Loblaws profits are going up.
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.
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
do we blame immigrants or Canadian government
LOL
Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.