• ikidd@lemmy.world
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    5 hours ago

    Profiteering from US tariffs: if your company were trading with international partners for things like coffee, your prices should be lower. I think this excuse that prices go up here because they went up in the US should put you in prison, like where the Weston family should be for price-fixing bread. But we know that isn’t going to happen.

  • asg101@lemmy.ca
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    4 hours ago

    How in the hell can they claim “inflation” has nothing to do with actual grocery prices? The system is so far out of touch with reality it is amazing anyone gives them a shred of credibility.

    • Kichae@lemmy.ca
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      47 minutes ago

      Because inflation is the devaluing of money due to the amount of money in circulation, not just “prices go up”. When prices increase due to a lack of competition, that’s something different.

    • NotMyOldRedditName@lemmy.world
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      3 hours ago

      Because if they had to truly report on inflation, and include everything properly, it’s never been what they’ve said, it’s probably been 5x at least, or more.

  • Tm12@lemmy.ca
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    6 hours ago

    How much are Pattison and Weston worth? How many Canadians go hungry due to high food prices?

      • Quilotoa@lemmy.caOP
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        3 hours ago

        Taking it a step further, why don’t we take the top 1% of the wealthy worldwide and share it with the people. The top 1% would be anyone who makes over $82,640 Cdn. (depending on which metric you use). The top 5% of earners in the world would be anything over $48,000 Cdn.

      • BlameThePeacock@lemmy.ca
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        3 hours ago

        If you take the top 10 billionaires in Canada, and take every single bit of value they have and manage to get every single dollar while doing so. You would still only give each Canadian $3000.

        Once.

        I’m not pro-billionaire, but if instead, you took every single piece of residential property in Canada, and took that value and divided it between all Canadians, each person would get $212,500.

        The biggest problem with distribution of wealth in this country is not the billionaires, it’s the appreciated property values of real estate and the vast majority of those are your standard every day Boomer house.

  • Abrinoxus@lemmy.today
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    5 hours ago

    Inflationindexes will keep being adjusted until wagedemands goes down. Same in Sweden, as there is no measurable inflation wages can be kept stagnant while true livingcost inflation has no connection to the index.