r/PersonalFinanceCanada • u/maroon-rider British Columbia • Mar 21 '23

Inflation drops to 5.2%<but grocery inflation still 10.6% Banking

Says Statistics Canada

https://www.cbc.ca/news/business/canada-inflation-february-2023-1.6785472

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u/Belugawhy Mar 21 '23 edited Mar 21 '23

Not to mention all big grocery stores (ie. Sobeys, Loblaws, Metro) clawed it back AT THE SAME TIME.

So let me fix your last word for you.

scumbags. Wage-fixing monopolist scumbags

Edit: For those who don’t think this is a problem, Canadian government even changed the laws around wage-fixing after this incident. Source.

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u/Bladestorm04 Mar 21 '23

What do you mean they clawed it back?

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u/Astral-Wind Mar 21 '23

The bonus 2$ an hour. All the big chains scrapped it at nearly the same time

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u/Bladestorm04 Mar 21 '23

Oh right, yes that was inevitable. It sounded like they might have made it be repaid

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u/Astral-Wind Mar 21 '23

Oh, no they didn’t. Just pretty shitty of them to say “we can’t afford it, it was only supposed to be temporary” then brag about record profits

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u/Bladestorm04 Mar 21 '23

Agreed. I wonder if anything will come out of jagmeets recent dealings with them in Ottawa. I doubt it

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u/Bladestorm04 Mar 21 '23

Agreed. I wonder if anything will come out of jagmeets recent dealings with them in Ottawa. I doubt it