The Energy Absurdity of the Week: You Could Never Make Up Justin Trudeau's New Plan to Get Grocery Prices Under Control
Friday's Energy Absurdity: You Could Never Make Up Justin Trudeau's New Plan to Get Grocery Prices Under Control
[Follow me on Twitter at @EnergyAbsurdity]
Hat tip to podcasting partner Tammy Nemeth (@T Nemeth at LinkedIn) for tipping me off to this gem.
Canada’s National Post ran a story Thursday detailing Prime Minister Justin Trudeau’s latest genius plan to get food inflation under control: Tax the grocers!
I swear I’m not making that up - who could?
Here’s an excerpt from the story:
TORONTO — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.
Prime Minister Justin Trudeau on Thursday said the call comes as Canadians continue to struggle with inflation.
“Large grocery chains are making record profits. Those profits should not be made on the backs of people who are struggling to feed their families,” he said, speaking in London, Ont., following a caucus retreat.
He said the government will be asking the five largest grocery companies, — Loblaw, Metro, Empire, Walmart and Costco — to come up with a plan by Thanksgiving.
“If their plan doesn’t provide real relief for the middle class and people working hard to join it, then we will take further action and we are not ruling anything out including tax measures.”
Keep reading with a 7-day free trial