for over a decade. The bread price fixing scheme cost Canadians an estimated $5 billion over 16 years. They only offered Canadians a $25 gift card for this and the competition bureau has offered them immunity in exchange for their cooperation with the investigation," the petition continues.
"In the 3rd quarter of 2022, Loblaw Co reported its profits had surged 30 per cent and specifically cited high margin items like beauty products and cold medication. Prices are rising faster than inflation is rising which is driving increased corporate profits," the petition reads.
Source: News Formal (newsformal.com)
They are not going to do anything!! If you are so against what they are doing, shop somewhere else. Hit them where it will hurt them the most. Didn’t the Canadian taxpayers buy new freezers for the Loblaws grocery chains?
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.
Only jagmeet.
Loblaws is not even the most expensive. Why not Whole Foods? Investigated by and for what? So we have only 17k communists in Canada? I thought it was more than that.
Galen Weston deserves the worst
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