The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.
www.ctvnews.ca
This is beyond belief.
In the first place, for the Prime Minister in a democratic country to threaten the heads of legal corporations with unspecified consequences if they do not bend to his will is beyond the pale. It is unacceptable.
In the second place, what does Trudeau expect a industry where the retail margins are widely accepted to be about 1.5% to do about food prices? Should Sobeys buy eggs from the egg cartel at $2.50/dozen and sell them at $2.00/dozen?
Should Loblaws buy Milk from the milk cartel at $1.50/l and sell it for $1.00?
Maybe, just maybe we should be looking at marketing boards.
Maybe, just maybe we should be looking at what $2.00/l diesel does to farmers and truckers.
Do the Liberals get their economic advice from from dime store Marxists?