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Canada's industry minister 'disappointed' in grocers' cost stabilization measures (www.ctvnews.ca)
submitted 9 months ago by sik0fewl@kbin.social to c/canada@lemmy.ca
37 comments fedilink hide all child comments

Industry Minister Francois-Philippe Champagne says he's 'disappointed' in the lack of transparency Canadian grocery store giants have offered so far when it comes to tackling food inflation. He's sending a letter to Canada's Commissioner of Competition to express his dissatisfaction.

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[-] Kecessa@sh.itjust.works 6 points 9 months ago

That would just increase the price further as the corporations would shift the cost to the clients.

Want to solve it permanently? Crown corporation grocery stores.

[-] brax@sh.itjust.works 1 points 9 months ago

If the taxes are designed to create a ceiling, it wouldn't matter how much they charged.

I do like the idea of crown corporation grocery stores, though. Let's go that route.

[-] Kecessa@sh.itjust.works 2 points 9 months ago

Only way that works is a 100% tax rate after a certain point and what I think would happen is that they would find better ways to dodge them...

this post was submitted on 29 Jan 2024
24 points (96.2% liked)

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