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Canadian grocery stores are fleecing Canadians

Jenesis

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Trudeau is enabling it with mass immigration and carbon taxes. Prices will go even higher with a railroad strike. He can force them back to work but he does not want to.
He has no control over what price grocery stores charge for their products. Period.

You can believe whatever you want to suit your political agenda but he can’t tell grocery stores to lower the prices. They can do that and they won’t because they are greedy.
 

CLOUD 500

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He has no control over what price grocery stores charge for their products. Period.

You can believe whatever you want to suit your political agenda but he can’t tell grocery stores to lower the prices. They can do that and they won’t because they are greedy.
He does. He is purposely importing so many people to Canada. In 9 months Canada went from 40 million people to 41 million. That is insane. All these extra people is making demand go way up. So yes he is the cause of high food prices and do not forget about carbon taxes. All food is transported by truck, rail, or even ship. When government charges a carbon tax, the extra costs get passed to the customer. They pay more. Corporations never loose, it is the average joe loosing due to failed Trudeau policies. So yes he is a big reason for this.
 

Jenesis

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He does. He is purposely importing so many people to Canada. In 9 months Canada went from 40 million people to 41 million. That is insane. All these extra people is making demand go way up. So yes he is the cause of high food prices and do not forget about carbon taxes. All food is transported by truck, rail, or even ship. When government charges a carbon tax, the extra costs get passed to the customer. They pay more. Corporations never loose, it is the average joe loosing due to failed Trudeau policies. So yes he is a big reason for this.
That is your opinion. You have issue with mass immigration. That is clear. You have a political agenda. That is clear.

Bottomline - he did not call the stores as say “charge 200% for your products”, did he???? No he didn’t.

Grocery stores can charge lower prices. They are choosing not to so that their share holders make more. That is on them. Period.
 

Jenesis

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Quick jen, go report my post :ROFLMAO:
Your anger is hilarious. Like the amount you carry must be hard to live with but makes me laugh every time.
That's rude. You two should have sex. Why argue and raise your blood pressure? Raise it in bed instead!
I would decline. No amount of money would make me what to sleep with him. But the anger is real with this little one. LOL

I love living rent-free in peoples heads. Specially angry little men.
 
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CLOUD 500

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That is your opinion. You have issue with mass immigration. That is clear. You have a political agenda. That is clear.

Bottomline - he did not call the stores as say “charge 200% for your products”, did he???? No he didn’t.

Grocery stores can charge lower prices. They are choosing not to so that their share holders make more. That is on them. Period.
You do not understand the most basic law of economics, the law of supply and demand. I am amazed at how some people just do not get this basic concept. Let me make it simple, see air is free, no one pays for it. Why? Because there is so much of it? You if air became so less, say we somehow lived on Mars in domes. Now oxygen is limited, now you can put a price on it. All businesses want supply to be less because it means they can jack up their prices.


^^^^^ Here is an article on this subject. I got no political agenda, it is clear you do otherwise you would understand this. And reread my post, he does not have to tell them. He caused this by his policies. He is importing millions of people to make more money. Corporations giving checks to the government to pass policies that favor them is the oldest form of corruption.


^^^^ Did you even bother to read this? Most know nothing about it. I suggest you read it. Trudeau is a very bad evil man. Forget about Liberals and Conservatives, this is about Trudeau. I am posting facts.
 

Jenesis

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You do not understand the most basic law of economics, the law of supply and demand. I am amazed at how some people just do not get this basic concept. Let me make it simple, see air is free, no one pays for it. Why? Because there is so much of it? You if air became so less, say we somehow lived on Mars in domes. Now oxygen is limited, now you can put a price on it. All businesses want supply to be less because it means they can jack up their prices.


^^^^^ Here is an article on this subject. I got no political agenda, it is clear you do otherwise you would understand this. And reread my post, he does not have to tell them. He caused this by his policies. He is importing millions of people to make more money. Corporations giving checks to the government to pass policies that favor them is the oldest form of corruption.


^^^^ Did you even bother to read this? Most know nothing about it. I suggest you read it. Trudeau is a very bad evil man. Forget about Liberals and Conservatives, this is about Trudeau. I am posting facts.
I’m not interested in political bullshit to be honest. Trudeau or otherwise. I just think it is hilarious that he gets blamed for everything. It is his fault that Aussie breakdancer was so bad too. Did you know that?
😂😂😂LMAO
 
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Jenesis

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I don't think she can comprehend words with more than 2 syllables so please forgive her. Maybe if you used pictures?
And you can’t do anything but to throw lame ass insults at me all the time. Over and over again. That is all you do. It is beyond pathetic. And for laughing at one post. You went mental. 😂😂😂😂😂

But keep at it. They will keep getting removed and I will keep laughing at how I live rent free in your head.

😂😂😂😂😂
 

shack

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This is a fallacy and I've showed you the numbers to prove it. If the grocery chains were gouging it would show up in their gross margin on sales which is the difference between what they sell a product for and the cost that they pay for it including shipping, waste etc.
From the Loblaw Companies Ltd. annual reports, this is their gross margin by year for the past 5 years

2019 29.7%
2020 29.5%
2021 30.7%
2022 30.9%
2023 31.0%

If there truly were price gouging that percentage would be well over 33%. But if you truly want them to get back to under 30% there needs to be more competition in the industry. Right now its operating as an oligopoly a few big players control 80+% of the market.

Loblaw Companies Limited own Loblaws, No Frills, Superstore, Zehrs, Shoppers Drug Mart, Provigo (QC), Fortino's, T&T Supermarket (30% of market share)
Empire Companies Ltd own Sobeys, IGA, Foodland, Safeway, Freshco, Farmboy, Longo's (51%) (21% of market share)
Metro Inc. owns Metro, Food Basics, Marche Adonis (QC), Jean Coutu (11% market share)
Costco (11% market share)
Wal-Mart (8% market share)

The other <20% market share would be the likes of Whole Foods, Giant Tiger, Dollarama, Rabba Fine Foods, Your Independent Grocer, Highland Farms etc.
2% mark up on $1,000 is a lot more profit than 2% mark up on $100. So if they jack up the prices and and make the same the same %age profit, they are making more. It is in their best interests to raise prices. The most relevant stat is their bottom line, that is how much the profits are.

Their profits are soaring year over year.
 

Jenesis

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Not sure when I went 'mental' but ok? What's beyond pathetic here is you clicking on numerous dated posts from days and weeks ago to laugh at their content to help you amuse yourself since you are pretty much unemployed at this point. Who's living in who's head rent free? It's ok jenny, we know you have to keep yourself relevant by posting as much as possible. Is it possible that you're related to Lynn Ha? This is the same modis operandi.
I love how you change retirement to unemployment. Nice try pumpkin. Why are you not busy at work yourself right now???

And since you post just as much as me, maybe you are projecting and you related to Lynn?????

LMAO. 🤣

However, I’m not going to continue to derail this topic so you can have the last word your ego so desperately needs.
 
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CLOUD 500

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I’m not interested in political bullshit to be honest. Trudeau or otherwise. I just think it is hilarious that he gets blamed for everything. It is his fault that Aussie breakdancer was so bad too. Did you know that?
😂😂😂LMAO
Of course you are. You are a Liberal voter. You hide behind humor. Screenshot_20240822_151711_Firefox.jpg
 
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Goodoer

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GTA & Thereabouts...
They are able to fleece Canadians as they’ve diabolically established their supply infrastructure to make it near impossible for competition to establish or even want to try. Walmart and Costco are the exceptions who’ve been able to do it.

Canadian Tire bought Helly Hansen just for their distribution network in Europe. The name brand is a bonus.
 

CLOUD 500

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Seeing as they are more business friendly, things should get worse under the Cons.
Should is the operatif word. Right now, Trudeau is the elitist. We got a cost of living crisis all thanks to Trudeau.


^^^^^ Trudeau is leading the Century Initiative. And one last thing, this is not about Liberals or Conservatives, this is about the man leading the party. Trudeau is an elitist, his goal is to make the rich richer and the poor poorer. You denying it does not change reality, those are his actions.
 
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squeezer

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I actually am. Have been since O’Leary was taking a run at office. I have no reason to lie about that. I even voted for Harris. 😬
If you don't agree with everything the cult claims to be true then you are NO CONSERVATIVE!!! LOL

ps....I knew you were a Middle C conservative. ;)
 
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