NDP to call for investigation of grocery profits amid allegations of 'greedflation'

“The CEO of Sobeys, Michael Medline made $8.6 million last year — 15 per cent more than the year before,” Singh wrote on Sept. 16, accusing the chief executive of taking away workers’Medline, who heads Canada’s second-largest grocery chain, had said during the company’s annual general meeting on Sept. 15 that assertions that big grocers exploit inflation for profit is “absolutely not true” and come from lazy “armchair quarterbacks” who know little about the food business.

“These reckless and incendiary attacks are meant to divide us, and sit in stark contrast to the collaboration and problem solving that we experienced in the darkest moments of the pandemic,” the chief executive said.Article content Empire, which runs 1,600 stores under the Sobeys, Safeway, FreshCo, IGA and Farm Boy banners, reported net income of $187.5 million in its most recent quarter, a slight change from the $188.5 million reported a year earlier.Corporate greed is cruel and it must be confronted with a windfalls tax forcing CEOs to pay what they owe,” Singh wrote in another

on Monday in which he outlined price increases for items such as bakery goods, fresh fruit and pasta.Corporate grocery chain profits? $3.5 billion, while nearly a quarter of Canadians report going hungry. Corporate greed is cruel and it must be confronted with a windfalls tax forcing CEOs to pay what they owe.

No economically viable ideas EVER on how to “grow the pie”. Only more gimmicks on how to divide the pie. And then the pie gets smaller.

Finally

That’s rich: a terrorist listed, barred from USA, Rolex wearing, BMW driving, name changed Jimmy Dahliwal talking about greed. He’s in it for a pension.TrudeauMustGoNow TrudeauNationalDisgrace TrudeauHasGotToGo

Maybe you should look in the mirror. Every economist agrees, government overspending and skyrocketing debt has caused inflation. You are it Jagmeet, you and your spending buddy JT!

If NDP want to do any good to Canada & Canadians then it should withdraw their support to Trudeau. Only this can help us and stop the destruction Trudeau & liberals inflicted during their reign

Someone call for an investigation on impromptu political alliances that do not benefit anyone..

Um Since when are grocery stores not allowed to make a profit, and is the leader of the NDP unaware of increased costs for transport, real-estate and staffing

I admire him for wanting to get an education on economics.

Canada's NDP: a party adrift in a sea of nothing.

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