Almost 100k Canadians now support launching an investigation into Loblaws

A petition demanding that the Canadian government formally investigate Loblaw Companies Ltd. for"profiteering and greedflation" has now accumulated nearly 100,000 signatures as disapproval of the grocery store chain feels like it's at an all-time high.

"We have all seen the rising cost of groceries at Canadian grocery stores and especially at Galen Weston Jr.-owned stores. Over the years, Loblaw Companies has costed Canadians billions as a result of their pandemic profiteering and greedflation," theon Thursday, its creator thanked the 96,000 disgruntled shoppers who have so far supported the motion, saying that the ongoing demand for affordable groceries"is not unreasonable and is possible.

When a company is publicly traded on the stock market, focus is put on the shareholder and the bottom line. Weston will do just about anything to turn a profit if he can get away with it. Unfortunately customers have to pay the price for his greed."This fight for fair pricing and affordability matters, and whether it's the grocery industry or the telecommunication industry, Canadians are frustrated and rightfully so.

They also pointed to the Loblaws boycott taking place nationwide for the month of May — during which participating consumers are swearing off all Loblaw-owned stores, including Loblaws, Shoppers Drug Mart, Real Canadian Superstore, Fortinos and others — and encouraged those who have signed the petition to get involved.

" encourage you to support local businesses, independent grocers, farmers' markets, and community co-ops instead of big grocery store chains," the update reads.Metro is axing Air Miles in Ontario for new rewards programTrip to Iceland leaves traveller shocked at food prices compared to CanadaSomeone created a guide to where to buy groceries in Toronto instead of No Frills

Source: News Formal (newsformal.com)

Investigation Boycott Toronto Ontario Canada Profits Grocery Prices Food Inflation

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