Posted on 09/16/2023 6:10:29 PM PDT by CFW
Prime Minister Justin Trudeau has threatened to tax Canadian grocers in a bid to lower grocery costs for families nationwide.
"Large grocery chains are making record profits," he claimed Thursday. "Those profits should not be made on the backs of people struggling to feed their families."
While at the Liberal caucus retreat in London, Ontario, Trudeau demanded that grocers devise a plan to stabilize prices by Thanksgiving. Otherwise, tax measures may be on the way for Loblaw, Metro, Empire, Walmart and Costco.
Industry Minister Francois-Philippe Champagne said the feds would also engage with other actors in the food industry.
"We're going to start with the five largest grocers in Canada, representing about 80% of the market, and we're going to be in solution mode with obvious deadlines and very clear outcomes for Canadians," he said.
"We're going to bring them to Ottawa, talk to them about meaningful action, and if they fail, there'll be consequences."
(Excerpt) Read more at rebelnews.com ...
Anyway, I suspect Trudeau's decree isn't going to work for anyone involved (except government agencies) and the pain will fall directly on the consumer.
Price controls! Has a 100% record of failure.
Go for it, soy boy!
On food staples they make 1-2%. They make much more on seasonal stuff, kitchen items, alcohol, batteries, etc
It's a fundamental law of economics that when you raise the cost of providing goods, the market price drops. I am sure a read it somewhere in something Nobelist Krugman wrote....
“Anyway, I suspect Trudeau’s decree isn’t going to work for anyone involved (except government agencies) and the pain will fall directly on the consumer.”
Nobody can be that stupid... not even a card-carrying commie like Trudeau. He’s just doing the bidding of the globalist elitists re: that “”depopulation”” thing. Tax the grocers, prices rise for the consumers, more people go hungry and die. It’s a win-win for the left. They get more money in their coffers and they get more dead people to further their agenda. If I sound cynical.... it’s because I am.
Well, this will simply have more people either move over or stay supporting the Tories, who now lead in the popularity polls.
At least in Ontario grocery stores aren’t where you normally buy alcohol—this is changing a bit, but it isn’t the U.S.
Nationalization of food.
true to form.
Sorry, don’t know how to post pics or memes:
https://gapimpletonblog.files.wordpress.com/2016/09/not-working.jpg
Which will be passed on to the consumers.
Is failing an IQ test a requirement for becoming a politician these days?
For people in Quebec, I wonder how you say food desert in French.
Taxes on groceries is sure to make prices go down.
there is a reason the bread and the milk are in the far back corners
so whats preventing the grocers from passing on the tax to the consumers
they always do
Let them eat cake
Wait. Wot.
Let them eat bugs and insects
Should be a good harvest this winter.
Americans might not realize how bad it's getting but it's getting pretty bad. Actually, crazy bad.
In grocery stores its mostly wine and beer.
All businesses pass the tax onto their customers. The politicians that pound the table cursing greedy businesses are deflecting from their own greed.
How did this commmunist ever get elected?
Trudeau is that stupid.
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