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Canada’s grocery CEOs say they’re not profiteering from high inflation 

CBC News
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9 мар 2023

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Комментарии : 480   
@nexe7271
@nexe7271 Год назад
Those guys should be politicians. They lie as soon as they open their mouth.
@Infidelc
@Infidelc Год назад
It's the same run around the circle wording politicians do all the time to avoid answering anything.
@maxtorque5329
@maxtorque5329 Год назад
Was thinking the same..none of them answered the questions
@xavierrodriguez2463
@xavierrodriguez2463 Год назад
They're lobbyists, politicians got it from them
@stevencook7156
@stevencook7156 Год назад
Yeah! They just as good at lying as Trudeau. 😒
@dslechip
@dslechip Год назад
So the people creating the inflation are questioning the guy who sells the food?? That's rich . Absolutely rich
@bentley9trigger861
@bentley9trigger861 Год назад
Bro they don't care about citizens
@tangt4860
@tangt4860 10 месяцев назад
Why should they when they have created enough unfair laws to enslave the population. Besides their tummies are well tucked with Michelin meals around the world and this is the trend among these new elite bourgeoise Marcoses to have either the chef or food flown directly to them.
@dylucksabin2752
@dylucksabin2752 8 месяцев назад
Bro, this is a situation where the government is the culprit, and they are asking the grocers to solve the problem. Tell them to take off the carbon taxes that are raising the pricing of transportation and manufacturing and reduce the inflation from printing money.
@bekesir12
@bekesir12 8 месяцев назад
Don't you think they would stop operating if they don't care about you? Look how you are demonizing them. It's not like there making money
@timneufeld2700
@timneufeld2700 7 месяцев назад
All this is due to the carbon taxes. Even if the grocery store used that as an excuse to raise prices, it all started with the carbon taxes.
@BeeRich33
@BeeRich33 6 месяцев назад
They are not a charity. Their job isn’t to give away free food. What do you give away for free, other than your opinion?
@pamelawilkesheski3129
@pamelawilkesheski3129 Год назад
They work hard. Ok. We work hard and still have trouble making ends meet.
@theoilisburning7444
@theoilisburning7444 Год назад
Must be nice posting this comment on your iPhone in your 3 story house with 2 tvs and central heating and AC
@pamelawilkesheski3129
@pamelawilkesheski3129 Год назад
Must be nice assuming you know what I have. Central heating. A necessary amenity.
@LoveWeed3000
@LoveWeed3000 8 месяцев назад
​@@theoilisburning7444Take a break off smoking the reefer budy because your comment makes absolutely no sense whatsoever. You're reading subjects that aren't even there 😅😅😅
@LoveWeed3000
@LoveWeed3000 8 месяцев назад
​@@pamelawilkesheski3129Ignore him he's delusional he's reading things that aren't even there 😅😅😅
@theoilisburning7444
@theoilisburning7444 8 месяцев назад
@@LoveWeed3000 I’m just saying, North Americans tend to take what they have for granted and over complain even though they have the best lives, they just don’t realize it. But I bet you guys haven’t gone and seen how people in third world countries live yet.
@CatLove-xe8qz
@CatLove-xe8qz Год назад
They are liars the packages are smaller and you pay more. They are price gouging the public and that’s just the way it is.
@vxCOCOxv
@vxCOCOxv 10 месяцев назад
The grocery stores don’t do this. It’s the brands.
@wolfram77
@wolfram77 8 месяцев назад
As long as the regulation allows it - this is what they are supposed to do. Its capitalism.
@lifeisactuallyveryboring.7771
@lifeisactuallyveryboring.7771 3 месяца назад
Facts! Also they turned Cracker Jack the caramel popcorn mascot into a girl named Cracker Jill!!
@ascd9260
@ascd9260 2 месяца назад
Also they are using cheaper and low quality ingredients. So it's a double scam
@inund8
@inund8 Год назад
>makes record profits >cries poverty >gives himself a 4 million dollar raise
@BeeRich33
@BeeRich33 6 месяцев назад
Well, no. You missed what he said. And he doesn’t owe anybody anything.
@lifeisactuallyveryboring.7771
@lifeisactuallyveryboring.7771 3 месяца назад
​@@BeeRich33Exactly. That's why we will boycott. Also he owes the farmers a better cut since they are supplying the FOOD.
@richardcollis5576
@richardcollis5576 Месяц назад
@@BeeRich33 they owe the farmers quite a lot
@Kriegtime101
@Kriegtime101 Год назад
I feel so so sad for the grocery chain CEOs. Their yachts must be so small now...
@rickbateman2401
@rickbateman2401 11 месяцев назад
I feel sad that so many Canadians still support the Liberals and their NDP puppets, that have created the mess we’re in now with food, housing and cost of living prices. Sure some stores are profiteering and they need to be punished but the reality is that food prices have almost doubled because of Justin Trudeau and his puppet Jagmeet Singh, not because of price gouging.
@sask.watcher473
@sask.watcher473 11 месяцев назад
Fewer vacations per year too...maybe even public flights...their poor kids may have to drive something other than luxury cars...no Tesla....
@tangt4860
@tangt4860 10 месяцев назад
You never know how much they have parked somewhere else with blessings from people in government.
@abcdedfg8340
@abcdedfg8340 10 месяцев назад
They do know there are people who can barely afford groceries? Have they even thought about other people?
@bekesir12
@bekesir12 8 месяцев назад
You are exactly where you should be with that attitude. As if they didn't work for it. You and the average person just doesn't know what success feels like and you hate on everything
@marysebellerose7636
@marysebellerose7636 Год назад
every week, the prices are higher and higher, they are thieves
@tangt4860
@tangt4860 10 месяцев назад
IKEA in Singapore charges one small frozen roasted chicken leg with some veggies and a small dab of mashed potato for S9.50/- and the drinks shot up by 0.30 just within this month alone. The server even tried to save on the lingonberry jam that comes with the meal
@BeeRich33
@BeeRich33 6 месяцев назад
Then don’t shop there. They aren’t stealing anything.
@markmcdonald7122
@markmcdonald7122 Год назад
KARMA please act swiftly and firmly
@BeeRich33
@BeeRich33 6 месяцев назад
Liberal voters get what they asked for.
@justsendmelocation5068
@justsendmelocation5068 Год назад
And meanwhile farmers are getting screwed by the supermarket owners.
@leilanigreenwood5064
@leilanigreenwood5064 8 месяцев назад
No they are being screwed over by big corporate controlled and owned farms
@doylejodi7502
@doylejodi7502 Год назад
I think this is an easy fix. If even one store lowered their prices, they’d still do well, since more people would shop there, and then it’s a win-win.
@Violett_Ginn
@Violett_Ginn Год назад
Exactly !! I’ve been saying this I’d one store lowered their price they’d still make money , they’d gain business and get appreciation from their customers Sure. It’s a gimmick but Wed All win. Even lowering every item buy 10 cents will make a huge difference to us.
@TSARMOTAF
@TSARMOTAF Год назад
grocery stores don't believe in competition, they believe in colousion.
@Trythis837
@Trythis837 Год назад
@@Violett_Ginn how on earth could lowering the price of an item by 10 cents make any difference? Why don’t you ask the Canadian government to lower your taxes? April 1 the price of an average tank of fuel is going up $2 thanks to Trudeau’s tax.
@dagothhyde7297
@dagothhyde7297 Год назад
Walmart is the cheapest place rn for most things
@Violett_Ginn
@Violett_Ginn Год назад
@@Trythis837 ok. That’s an idea too. If you decrease each item by even 10 cents and buy 20 items that’s 2$. 2$ saves is 2$ saved At times $2 is the difference between buying meat or milk or Not buying it. You’re also right too. Something needs to go down and quickly.
@AA...2000
@AA...2000 Год назад
The amount of bs I heard in this short is insane
@canadianrightstransparency
@canadianrightstransparency Год назад
They are criminals... The only thing I see them fighting is us, fighting to take our hard earned money from us and our families....
@bbraithwaite83
@bbraithwaite83 Год назад
Our pack sizes are bigger? What a load of bs.
@suilauk9954
@suilauk9954 Год назад
No, what he is saying is true, its just that you are not part of our "our"
@hasanshafin2378
@hasanshafin2378 Год назад
@@suilauk9954You had me in the first half😂😂😂 Not gonna lie. Yeah we are not part of that Our
@katmac5609
@katmac5609 Год назад
That's why 1% milk is $7.49!
@steveatlas3492
@steveatlas3492 Год назад
Buy homo milk and add water to it.
@katmac5609
@katmac5609 Год назад
@@steveatlas3492 yuck! Lol
@stevemora7845
@stevemora7845 9 месяцев назад
They don't even try to hide their greed. 👹
@screedrake4012
@screedrake4012 5 месяцев назад
Federal government ought to pull in Mayors of cities and ask why permits are $300k to build a single family home.
@user-bk7jp1qb1b
@user-bk7jp1qb1b 5 месяцев назад
Poor people are going to have no choice but to go off grid and pain stakenly hand build shed home to ignore the red tape of bureaucracy.
@michaelstreilein9788
@michaelstreilein9788 Год назад
We're doing everything to help Canadians! Well everything but choosing to use our extra profits to lower prices.
@joseperez-um9kz
@joseperez-um9kz 2 месяца назад
Why doesn’t Canadian politicians stop printing money
@chefskiss6179
@chefskiss6179 Год назад
Loblaws has this one product, PC sparkling water. It's a case of 12 cans, with a tiny taste of different flavours (ie. lemon, lime, orange, etc). Last year it was around $3 to $4. This year it's $6 or $7. HOW?! is something that's basically water (carbonated) double the price? What ingredient in the supply chain caused the price to double?!
@BeeRich33
@BeeRich33 6 месяцев назад
Lack of transport. Lack of transport service. Lack of transport companies. And carbonated water is t as simple as you think. I’ve had a career in brewing, and I have three science degrees. All the skilled trades that make up this industry, aren’t available. Aluminum vanished during COVID. How do you ship product with no containers? And lastly, the concept of general inflation. What’s amazing is that people are still buying it. What does that do to a country?
@chefskiss6179
@chefskiss6179 6 месяцев назад
@@BeeRich33 Y'now, I generally tend to look at the slightly big(ger) picture, wow, transport (and rail?), THANK you. I actually can understand that. I just didn't hear much in the news about the transport industry, or lacking thereof? So basically, EVERYthing that is transported gets affected. Huh. Cary thing is... last week, walking down the aisle of that Loblaws... those very same 12-pack of slightly flavoured sparkling sodas were... 94CENTS! For the whole case or 12, 94cents! They didn't even put it in the flyer or have a big sign in the aisle. I never buy the stuff and there I am just staring at this shelf of 94cent cartons.
@EnnuinerDog
@EnnuinerDog Год назад
This is capitalism, blows my mind that there's working class people out there who want even more of it. Whose side are you on?
@Trythis837
@Trythis837 Год назад
They make $4 off $100 worth of groceries.. the government takes 50% of what I earn by the end of the year. It’s not the private sector that’s the enemy.
@helloitsme4139
@helloitsme4139 Год назад
@@conwaysmith9167 I paid 53% income tax, between federal and Provincial, my salary is just over 900,000, take home less then half of what I make, so Trudeau can have $6000 a night hotel rooms.
@jez5855
@jez5855 Год назад
Yes, this is the reason why people in the city with bigger grocery stores pay much less for food than people in small towns.
@helloitsme4139
@helloitsme4139 Год назад
On the side of, earn money, not except hand outs. Capitalism works. The government spending is out of control.
@borreLore
@borreLore Год назад
@@helloitsme4139​ The median income is between 36-40k and most of those people struggle with rent and food. Only 11% of Canadians earn over 100k, and only 1% earn over 500k. Honestly, I am not sure if you are a millionaire parody account or legit. I am having a hard time accepting you really think as long as 1% of people live in luxury while the majority of full-time workers struggle with basic necessities, capitalism works. It is “working”, just not for most Canadians.
@Fahd2284
@Fahd2284 10 месяцев назад
We can complain but truth is Canadians need to stand together and BAN these stores for a bit, shop at local family owned grocery stores
@alien4053
@alien4053 9 месяцев назад
Sadly there are no family owned grocery stores in my neighbourhood anymore. They can't compete.
@leilanigreenwood5064
@leilanigreenwood5064 8 месяцев назад
True it would be good to do that. All the family owned small grocery stores in my community have closed. These corporations are driving family owned small grocery stores, farms, restaurants out of business. If this keeps up there will be nothing but big chain restaurants and fast food chains to eat at. Only Big corporate farms . Only Big corporate owned grocery stores to shop.
@Liefpj
@Liefpj Год назад
Yeah, we stopped buying organic we don’t eat meat and our avg grocery bills are still about $850 a month
@edwardtafadzwafusire9243
@edwardtafadzwafusire9243 10 месяцев назад
I hear you fam, and it's gotten worse since this comment
@inund8
@inund8 Год назад
Loblaws has been making record profits and exceeding their expected quarterly earnings statements since the pandemic.
@Trythis837
@Trythis837 Год назад
Everyone that sold anything made record profits. The average middle class home owner increased their net worth by $300,000 during the pandemic. The number of teachers on the sunshine list more than doubled to 65,000. It’s not out of line that a business that feeds 30 million people gets paid $20 a person to do it.
@inund8
@inund8 Год назад
​@@Trythis837 galen says "reasonable profitability is necessary to run a business" ok so keep reasonable profits, not record profits. And let's not forget the bread price fixing they're being investigated for. I'm not sure why you're making excuses for exploiting people during a pandemic, especially when they've proven that they'll engage in illegal practices to do so.
@Trythis837
@Trythis837 Год назад
@@inund8 the grocery stores never exploited me. The gasoline tax I spend in a month alone is higher than my whole grocery bill. It’s government that is exploiting Canadians.
@LURKSQUADDRIFTKING
@LURKSQUADDRIFTKING Год назад
@@Trythis837 boot licker
@inund8
@inund8 Год назад
@@Trythis837 they are exploiting you, you just don't feel it directly. Big retailers chronically underpay their employees, forcing them to rely on government support which increases your tax bill. And the fact that you spend so much on gas says to me that you're being exploited by the auto industry, whose lobbying efforts have made it almost impossible to be successful without a car. But here you are telling me about teachers on the sunshine list, as if that's what causes poverty in Canada.
@tinahuang1411
@tinahuang1411 9 месяцев назад
Those politicians are hypocrites. If they cared about the inflation impact on Canadians, they wouldn’t have let it increase dramatically like this. These politicians only want to find some scapegoats for their policy failures.
@TheMangoMovement
@TheMangoMovement 7 месяцев назад
Inflation impacted multiple countries. It's not just politicians that impact inflation!
@SJMAOS
@SJMAOS Год назад
Both of them are wrong
@timcarbone007
@timcarbone007 Год назад
No they're not. What makes you think they're wrong?
@BudzzableRides
@BudzzableRides 7 месяцев назад
Taxation is the cause of Canadian’s inflation troubles.
@18nomah
@18nomah 7 месяцев назад
I am no Billionaire CEO, but this is unfair. Governments should achieve results through legislation not grandstanding and harassment.
@barbcroteau6941
@barbcroteau6941 Год назад
How about the politicians wages…total waste!
@mathias8627
@mathias8627 Год назад
Govt can't see Weston and Loblaws books, best they can do is this little spectacle, that should tell you all you need to know about who actually runs this country
@MerlinOlsen
@MerlinOlsen 9 месяцев назад
It's dumb to ask anyone to volunteer to make less money. It's up to the government to create taxes and incentives to address these economic issues. These hearings are pointless.
@KS-lt9lr
@KS-lt9lr 3 месяца назад
Politicians took a raise in salary Give that back you don’t deserve more
@stevekaufmann8109
@stevekaufmann8109 2 месяца назад
i don't think people realize that high profits are from high inflation. Is every company supposed to lose money during high inflation times? Everyone would go out of business enjoy your stone age.
@Liz_Dave
@Liz_Dave Год назад
I'm celiac, and I now spend about $1700 a month on food for 2 people. I'm scared because food prices are still going up and soon I won't be able to afford it
@steveatlas3492
@steveatlas3492 Год назад
I heard that is a made up term.
@Liz_Dave
@Liz_Dave Год назад
@@steveatlas3492 Celiac disease, sometimes called celiac sprue or gluten-sensitive enteropathy, is an immune reaction to eating gluten, a protein found in wheat, barley and rye. If you have celiac disease, eating gluten triggers an immune response in your small intestine.
@Liz_Dave
@Liz_Dave Год назад
@Hulk Smash I can't eat beef or dairy either. Idk I live in Vancouver, and food is expensiveout here. Love your user name BTW!
@sensfan7550
@sensfan7550 10 месяцев назад
​@Liz_Dave you just eat meat and buy expensive food items or what?
@sensfan7550
@sensfan7550 10 месяцев назад
​@@Liz_Dave spending 700$ would be good for 2 people for a month
@Gazefar
@Gazefar Год назад
Grocery gouging.
@jrone380
@jrone380 Год назад
Ketchup was 2 dollars now 5 dollars wow...
@maggienificent1
@maggienificent1 10 месяцев назад
Canadians are not foolish enough to believe Jugmert!! And that carbon taxes raised everything ..not just groceries!! 😂😂😂 Drop the tax!! 😂😂
@aliammoura8078
@aliammoura8078 Год назад
Lower gas prices and all things will go down.
@mathias8627
@mathias8627 Год назад
Gas went from 2$ to 1.5$ and the grocery prices are still going up.
@brianseeley6319
@brianseeley6319 Год назад
@@mathias8627 not diesel buddy.
@mathias8627
@mathias8627 Год назад
@@brianseeley6319 diesel went from about 206 (nov/22) to 187 (Feb/23).... Yea it absolutely has gone down in price yet the grocery prices keep going up. Face it, the billionaire making record profits is lying to you bud
@Rob9345
@Rob9345 Год назад
@@mathias8627 And what was it before that bud?? Go and get it and you will see it ranged around $1 to 85 cents per litre and lower in 2020. I am in the industry.
@mathias8627
@mathias8627 Год назад
@@Rob9345 you're missing the point and you're coming in out of context. We're talking about Galen Weston's excuse for price increases is dependent upon fuel prices, yet when fuel prices did go down the grocery prices didn't go down at all, actually they continued to go up. So once again, the billionaire parasite is lying to you and us all. Stop letting these guys off the hook, hold their feet to the fire and make em be accountable, otherwise they'll continue to exploit us
@asift2
@asift2 9 месяцев назад
They are vultures.
@BeeRich33
@BeeRich33 6 месяцев назад
Buy from another grocer. Thats how companies, and money, work.
@scron2
@scron2 7 месяцев назад
The government has never run a retail business. Jagmeet is a lawyer with no relevant knowledge to be asking questions that aren't insulting to everyone's intelligence.
@eaglefreedom5361
@eaglefreedom5361 Год назад
How can he say they are losing profits on core commodities and at the same time have billions in profits? Either he is really bad at math or he is just a gluttonous devil.
@katland-kat6622
@katland-kat6622 Год назад
Take the losses on core commodities and increase the price on other to cover the loss. Still that is a ordering supply issue of theirs not ours. People are growing more of their perishables (which I am assuming is the loss they are talking about) so expect more j/s
@123lsa
@123lsa Год назад
Yea packets are bigger but with air!! Smh
@johndicksonkaraoke2554
@johndicksonkaraoke2554 Год назад
I remember when Galen was whining about the minimum wage being increased to 15hr awhile back.
@AdeleiTeillana
@AdeleiTeillana Год назад
And now prices have risen. Whoever could have predicted that?!?
@johndicksonkaraoke2554
@johndicksonkaraoke2554 Год назад
@@AdeleiTeillana Don’t blame the minimum wage this guy is a ruthless billionaire and he’s got no reason to whine about minimum wage going up.
@lxena8033
@lxena8033 Год назад
​@@AdeleiTeillana And yet, he is still making record profits.......
@Rob9345
@Rob9345 Год назад
@@johndicksonkaraoke2554 Yeah and if your making minimum wage maybe you made bad choices. Some people I give a bit of slack but for the most part I know who skipped class and screwing around and where they are today.
@AUG_XZABER
@AUG_XZABER 8 месяцев назад
Enough is never enough for corporations. They'll stop at nothing to suck the working class dry.
@annette8409
@annette8409 5 месяцев назад
People are starving. So food & shelter isn't a luxury it's a nacesity. If you can't eat you can't concentrate & your body will take it from your organs.😔
@user-fk3vh8dh1j
@user-fk3vh8dh1j 10 месяцев назад
CEO liars!
@IsaAC-ct5rx
@IsaAC-ct5rx Год назад
Dude these CEOs have private jets and pay their workers minimum wage and still ramp up their prices.
@bernardwatkins1759
@bernardwatkins1759 11 месяцев назад
CEO pay has skyrocketed 1,460% since 1978. CEOs were paid 399 times as much as a typical worker in 2021. Sorry but no. You're not worth that much.
@bernardwatkins1759
@bernardwatkins1759 11 месяцев назад
That mentality is why the top 1% has over 60% of all the countries wealth. Where do we draw the line? Should they have 99% of everything? When there isn't enough breadcrumbs to go around, you have civil unrest. It's caused collapses of empires. Guess you didn't think it that far through and you claim to be the smart one. Yeah sure.
@MD-fr4xt
@MD-fr4xt Год назад
Clearly Jagmeet is so full of BS and doesn’t know ABCs of how a business works, he is doing this charade foe his vote bank, the real issue here is of the supply side shortage and cost of fuel.
@stephenfermoyle4578
@stephenfermoyle4578 Год назад
ask him to use the advertising budgets to feed Canadians use your heads people
@mykeprior3436
@mykeprior3436 3 месяца назад
He isn't wrong. Blame the BoC and a decade of low interest rates.
@TTOORROONNTTOOful
@TTOORROONNTTOOful Год назад
their port fits recorded high ever 😂
@Talk_logical
@Talk_logical Год назад
Loblaw is the most expensive grocery chain, I am sure they are making huge profits
@stevencook7156
@stevencook7156 Год назад
They are so full of themselves! Thank you for showing these greedy people ruining Canadian citizens lives!
@lysep222
@lysep222 Год назад
Boycotts work and might as well give to the smaller grocery stores
@katland-kat6622
@katland-kat6622 Год назад
Farmers Markets in Summer or grow some of your own is what I am doing. BTW Liver is super cheap still
@poupekato519
@poupekato519 3 месяца назад
These politicians are quick in blaming others. But they don't think about what they do in this country by spending money on nonsense objectives. Can't trust them.
@davidB-my9uh
@davidB-my9uh 11 месяцев назад
EAT THE RICH!
@connorletkeman5002
@connorletkeman5002 9 месяцев назад
The french were so valid for inventing the guillotine
@user-mc4yd2ye6s
@user-mc4yd2ye6s 10 месяцев назад
Maybe stop supporting JT and propping him up so we can vote him out already…..or be a clown
@Zikiru
@Zikiru 7 месяцев назад
This man dodges questions like how Neo dodges bullets.
@TheGamingCanadian
@TheGamingCanadian 6 месяцев назад
I agree with Galen, the reason why food is so expensive these days is because of the carbon tax and other taxes
@Mohith3335
@Mohith3335 10 месяцев назад
Remove Trudeau. Put someone else
@JoshuaMcTackett
@JoshuaMcTackett 9 месяцев назад
This isn’t a Trudeau issue although he seems insane anyway. This is happening all over the Western world. Same deal in Australia.
@Mohith3335
@Mohith3335 8 месяцев назад
@@JoshuaMcTackett Oh damn I was thinking about moving to Australia, is it that bad over there too? ( Aside from the wildfires, floods, and deadly animals )
@philbamford6957
@philbamford6957 Год назад
Their all at it Kraft being one of the brand owners that’s putting up its brands to ridiculous prices
@trevorgwelch7412
@trevorgwelch7412 6 месяцев назад
This guy is a $ Billionaire out of touch with reality
@billiho1
@billiho1 7 месяцев назад
Those poor grocers need to make record profits. They are barely able to survive on their salaries that are like 100 times the average salary.
@TwitchVeladi
@TwitchVeladi 4 месяца назад
They already print millions of money... while we are broke people suffer cause of these people
@darylbenson9682
@darylbenson9682 Год назад
How many yachts is enough yachts?
@googlreviews7813
@googlreviews7813 10 месяцев назад
No one is mentioning broken FARMING practices in Canada. Influence of Dutch farmers and their farming practices in Canada has very negative impact on our environment and even worse impact on prices of commodities and food.
@akosua8779
@akosua8779 10 месяцев назад
Bank of Canada printing cash is whatxis causing inflation not business who people CHOOSE TO SPEND THEIR MONEY AT
@cirella1064
@cirella1064 10 месяцев назад
AUDIT THEM! Hold their noses to the fire. Make them prove they are not price gouging.
@bob1519
@bob1519 6 месяцев назад
NDP hypocrites
@maximus2k1spat
@maximus2k1spat 2 месяца назад
They answer like politician. They should all be forced to answer under oath. Laws need to be put in place to turn this grocery circus show around. Problem is that the government profits from ballooning grocery profits too, they get a piece of the pie through the higher tax on high grocery prices. Does anyone here not realize this? We as the people are screwed and there is nothing we can do to change that. Governments and Big Corporations benefit hand in hand. Wake up everybody
@valeriebrousseau1053
@valeriebrousseau1053 11 месяцев назад
THE MIDDLE CLASS IS GONE. YOU ARE EITHER MILLIONAIRE OR POOR. PERIOD !
@paulamccarthy9511
@paulamccarthy9511 Год назад
Doesn’t help that several(50+) food production plants have been destroyed in weird ways, at least within the last 1 1/2 years.
@katland-kat6622
@katland-kat6622 Год назад
I am not aware of that many that shut down but the baby formula plant in US was shut down due to contamination. I supposed some others were for same reasons. My point is that the greedy people on top took money that should have been used for upgrades. That should be mandatory IMO
@paulamccarthy9511
@paulamccarthy9511 Год назад
@@katland-kat6622 Search: Plane/plane’s hitting/crashing near/into food processing plants
@CatLove-xe8qz
@CatLove-xe8qz Год назад
What I don’t understand is you can have the same product in five different stores and they’re all different prices and that is ridiculous
@mikeamarath
@mikeamarath 6 месяцев назад
The NDP and Liberals are out of touch
@666dynomax
@666dynomax 3 месяца назад
Lets just ignore the carbon tax and its contributions to inflation
@gisellasturino2877
@gisellasturino2877 Год назад
Greed greed greed. Shame on these "philanthropists"
@mariechampagne932
@mariechampagne932 2 месяца назад
These grocery store CEO's are super corrupt and Jagmeet now has my full support over this, I didn't like his position on oil lobbyists, vaguely put, opposing that we need to extract more oil than ever is like opposing its need for use in transportation transitional projects infrastructure, and so the argument should therefore be, what ARE the oil lobbyists lobbying for further oil extraction for? Are they invested in educating for the wisest consumption of this rare earth resource called crude oil, likewise for the lithium rare earth metal batteries
@Coldone24
@Coldone24 Год назад
Jagmeat is as much to Blame for this mess, as he props up Turdeau and his Carbon Taxes that is the root cause of this problem.
@scrawley50
@scrawley50 Год назад
Sellout singh going after a CEO that makes to much money, while wearing a Rolex and 5000 dollar suit. Hypocrisy?
@footdear
@footdear 6 месяцев назад
For the same reason we pay the highest cell phone prices in the world,$800 for 1 hour flight and i won't even go to insurance rates.Why don't we have real competition in this county?
@kennethtang-in7gh
@kennethtang-in7gh Год назад
Corporation fiduciary is the make share holders as much money as possible. So the crap these CEO are saying is pretty much BS.
@danchesney631
@danchesney631 5 месяцев назад
Progressively tax the profits.
@ivanhristov9929
@ivanhristov9929 Год назад
They don't care at all 😂😂😂😂😂
@World_Oct2023
@World_Oct2023 2 месяца назад
These people just don’t want to give up being high class that’s all it is. It’s ego
@Germany._.Kit77
@Germany._.Kit77 8 месяцев назад
Stop JT And IS, and Canada can recover that is blanla😢😢😢
@somerando7191
@somerando7191 3 месяца назад
The problem is inflation caused by central banks increasing the money supply. They do this so politicians can spend that money on things that aren't in the general citizen's interest. Profits in every industry almost always hit nee "record profits" because the money constantly loses value, thats what inflation is.
@helenedesforges3483
@helenedesforges3483 8 месяцев назад
That’s BS package are smaller and way more expensive , after they blame the high price on theft . The way I see it we are the ones who get robbed by those rich CEO .
@seandabomb1399
@seandabomb1399 9 месяцев назад
Canada stop printing more money
@vagabondo4251
@vagabondo4251 8 месяцев назад
Never let a crisis go without taking advantage
@wcolautti
@wcolautti Год назад
How does the CBC pick and choose when and when not to allow comments? If the story is in any way Trudeau or the Liberal govt the comments are turned off. The CBC exists because of taxpayer dollars - I’ve always believed in the CBC btw (or I did until Trudeau came into office) - the public should always have the right of reply regardless of the subject.
@marinatrofimova9974
@marinatrofimova9974 Год назад
Lie, lie, lie....
@malenkytoys
@malenkytoys 6 месяцев назад
Galen Weston is a terrible person
@joe-dq5uh
@joe-dq5uh Год назад
They say 4percent,but alot of groceries have gone up 50 percent.who gets that money?
@AJ82133
@AJ82133 Год назад
Liberal NDP coalition causing inflation with carbon and fuel tax. How much tax is too much, Mr. Singh?
@octagonseventynine1253
@octagonseventynine1253 Год назад
I despise that man. Boycot loblaws if you can
@gaibrielsimpson651
@gaibrielsimpson651 6 месяцев назад
You raised the taxes and the grocers need to compensate for that to stay in business. How is that not the governments fault.
@x.adam1
@x.adam1 Год назад
The answer is No.
@darlenebertocci4631
@darlenebertocci4631 Год назад
How many billions does one need
@someguy2707
@someguy2707 10 месяцев назад
Politicians are only taking a free ride off of these greedy businesses. Basic point is people are greedy now more than ever and they need to dial down little bit to modesty.
@TimeTraveller390
@TimeTraveller390 10 месяцев назад
"Money and Power makes human evil."
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