Greedflation

• Did company profits fuel inflation? Bank of Canada researchers say no

  Company profits are not to blame for the high inflation Canadians experienced in the past two years, a Bank of Canada report suggests.

  Money

  Aug 2, 2023
  
• Here’s how Ottawa could tackle food inflation — and when you can expect it to ease

  A new Parliamentary report suggests efforts to address so-called 'shrinkflation' and remove 'best-before' dates could play a role in limiting food inflation in the future.

  Consumer

  Jun 14, 2023
  
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• Walmart Canada willing to participate in grocery code of conduct, CEO tells MPs

  Gonzalo Gebara testified to a House of Commons committee amid an ongoing study into persistent food inflation in Canada and whether major grocers are benefitting.

  Consumer

  Mar 27, 2023
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• Canadians making fewer grocery store trips as food inflation continues to bite: report

  RBC's consumer spending tracker showed the average number of grocery transactions last month was still above pre-pandemic levels, but lower than the bump seen last fall.

  Consumer

  Mar 9, 2023
• Grocery CEOs defend ‘reasonable profitability’ in grilling over soaring food costs

  The heads of Loblaw, Empire and Metro told the House of Commons agriculture committee they aren't contributing directly to food inflation despite rising profits.

  Canada

  Mar 8, 2023
• Loblaw says it’s not to blame for higher food prices as grocer faces backlash online

  Loblaw's corporate Twitter account sought to set the record straight on whether the grocer is profiteering from food inflation, but few online seemed convinced.

  Money

  Feb 2, 2023
• ‘Justinflation’ or ‘greedflation’? A look at why food prices are soaring in Canada

  Experts say the real cause of inflation is more complicated and it's not new for "complex issues to be oversimplified by politicians of all political stripes."

  Canada

  Dec 17, 2022
• Loblaw tops big Canadian grocers in profit reports amid inflation surge: analysis

  The report authors said the lack of more detailed financial data makes it difficult to explain why all three supermarket companies are exceeding their average performances.

  Canada

  Nov 3, 2022
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• NDP calls for probe into grocery store profits amid high food inflation

  The federal NDP is calling for a probe into rising grocery store profits, alleging that corporate greed could be driving food inflation.

  Consumer

  Sep 27, 2022
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• Canadian grocers keep raking in sky-high profits, but does that equal ‘greedflation’?

  A new report calls into question whether Canada's major grocery chains are profiteering amid inflation, despite sales and profits continuing to rise.

  Economy

  Sep 1, 2022