While I agree with the idea of a windfall tax on excessive profit, I think we ought to go further. These companies have shown that they are willing to gouge Canadians in emergency moments when we are at our most uncertain. Well, it’s fairly well known that Saskatchewan enjoys some of the best telco service in the country thanks to the presence of SaskTel keeping them honest. So I propose we start a nationally owned grocery chain in that vein which, being run for the public benefit rather than for profit, would be able to set prices that the private and proven to be untrustworthy grocers will be forced to compete with.
A simplified version would be to force Loblaws to break up into their original brands. Won’t happen, but be easier
And it is within the power of the federal government and competition bureau. Will they is another matter.
“No matter how many times you read it on Twitter, the idea that grocers are causing food inflation is not only false, it’s impossible,” said Loblaw Companies Ltd. president Galen Weston
There you have it folks, it’s impossible.
Says the fat man who controls the Canadian grocery trade.
