Figures 2-4 are staggering. It makes me wonder how farmers are surviving financially
this post was submitted on 30 Aug 2024
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Loblaws is out of control
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A sub devoted to highlighting the ridiculous cost of living in Canada right now. We’d like to thank our corporate overlord Galen Weston Jr. of Loblaws for continually raising grocery prices so he can get a big fat bonus cheque every year while the rest of Canadians struggle to make ends meet.
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Last I heard...subsidies. So it's a fragile existence.
If those subsidies are coming from the government that means the burden is shifted to taxpayers.
Which means the common man is not only being grifted at the store with his hard earned, after-tax dollar, the tax portion of his earnings are also being grifted.
Time to institute a specific tax on Loblaw, Empire, Metro and Save-On that goes directly to farmers.
I would add, though, that while farming is not always profitable, the bulk of land is owned by "farmers" that are very wealthy. They're more like real estate investors that employ professional farm managers, then actual farmers.
This is completely insane and unsurprising. I've always wanted to get my hands on comparisons like these.
The OBVIOUS Solution is to allow these Conglomerates to BUY Competitors! That will Reduce Prices on Consumers and Raise Profits of the Workers!
Is the drastic upward slope of bread around 2004+ when Loblaws and others started the bread price fixing?