245
submitted 7 months ago by booja@booja.ca to c/canada@lemmy.ca
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[-] bighatchester@lemmy.world 83 points 7 months ago

Who else is to blame ? They set the prices and are making record profits.

[-] BCsven@lemmy.ca 15 points 7 months ago* (last edited 7 months ago)

Greedlation is real. They go over how a leading economist explains this is solely seller created inflation, and the claim of citizen covid stimulus cheques causing inflation is bogus. And how they all used COVID as cover for price hikes. https://www.iheart.com/podcast/105-stuff-you-should-know-26940277/

[-] ivanafterall@kbin.social 56 points 7 months ago

I think the reason I blame them is because it's their fault, but I'm not Canadian, so I don't count.

[-] mPony@lemmy.world 7 points 7 months ago

I’m not Canadian, so I don’t count

If you care about what happens in Canada, that counts for something.

[-] SamuelRJankis@lemmy.world 37 points 7 months ago

This truly sounds pathetic. Although it clearly displays the real power hierarchy.

In February, the House of Commons' committee that studies food prices urged Loblaw and Walmart to sign on to the grocery code of conduct, or risk having it made law. Both organizations have said they will not sign the code as currently drafted, saying it could raise prices for Canadians.

[-] NarrativeBear@lemmy.world 6 points 7 months ago

I suppose oil, though changing to renewables would more than definitely, believe it or not, raise prices as well.

[-] nik282000@lemmy.ca 5 points 7 months ago

Higher prices means higher tax revenue, more tax at the register and more tax when you work overtime to pay for your groceries.

There is NO incentive for any level of government to reduce grocery prices, or any prices.

[-] phx@lemmy.ca 4 points 7 months ago* (last edited 7 months ago)
[-] LostWon@lemmy.ca 22 points 7 months ago

I'm surprised and disappointed the percentage isn't higher than that, but these polls tend to have skewed sample groups anyway.

[-] FreeBooteR69@lemmy.ca 22 points 7 months ago

I want a grocery store that doesn't require you to join their shitty club to get lower prices.

[-] Ransack@lemmy.dbzer0.com 5 points 7 months ago

Give them all fake info. Fuck em.

[-] nik282000@lemmy.ca 5 points 7 months ago

The app on your phone provides all the tracking info they need.

[-] Ransack@lemmy.dbzer0.com 3 points 7 months ago

What do you mean? Like if you also install their app on your phone?

[-] nik282000@lemmy.ca 6 points 7 months ago

If you have an app on your phone like PC points or whatever, you can give it all the fake info you want but they will be able to figure exactly who you are by correlating other information.

[-] LostWon@lemmy.ca 2 points 7 months ago

Maybe some of them require it? I haven't encountered that requirement for a store membership myself though.

[-] Xatolos@reddthat.com 2 points 7 months ago

DuckDuckGo app tracking protection is your friend in these situations.

[-] wildbus8979@sh.itjust.works 22 points 7 months ago

I'm more impressed the numbers are this low.

[-] SamuelRJankis@lemmy.world 15 points 7 months ago

Just to point out in respective of at least "Loblaw" they own a lot more than just grocery stores and just using the profit margin is not a absolute indicator of how profitable they truly are.

Loblaw Companies>George Weston Limited>Wittington Investments, Limited

Report regarding grocery inflation.

We know very little of what is going on in food processing, transportation, and at other companies who participate in the food industry. A proper investigation led by the Competition Bureau of Canada would shed some light on practices in the industry.

[-] CancerMancer@sh.itjust.works 4 points 7 months ago

With the level of vertical integration Loblaw has, they could easily be playing a shell game with the various stages the food goes through and just bleeding all the money out.

[-] maiskanzler@feddit.de 10 points 7 months ago

Sounds like a great market situation for Aldi or Lidl to expand into!

[-] Manzas@lemdro.id 2 points 7 months ago

Lidl has the most expensive vegetables in my area

[-] PuddingFeeling907@lemmy.ca 10 points 7 months ago

This is why passing school lunches for school children will help as it will be the provinces negotiating the prices.

[-] psvrh@lemmy.ca 13 points 7 months ago

More likely the (conservative) provinces will just give a sweet single-source contract to Aramark or Sodexo in exchange for either a kickback for their own businesses, and/or a post-career board of director appointment.

this post was submitted on 06 Apr 2024
245 points (100.0% liked)

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