Trudeau Threatens ‘Grocery Tax’ To Combat ‘Record Profits’ | ZeroHedge
In a move that totally won't backfire and be passed along to the consumer, Canadian Prime Minister Justin Trudeau has threatened to tax Canadian grocers if they don't lower grocery costs.
"Large grocery chains are making record profits," Trudeau claimed Thursday. "Those profits should not be made on the backs of people struggling to feed their families."
Grocers have until Thanksgiving to stabilize prices, otherwise tax measures may be on (more…)