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 the way for 'Loblaw, Metro, Empire, Walmart and Costco,' according to Rebel News.
Francois-Philippe Champagne, interior minister, said the Canadian government would also begin to engage with other players in the food industry.
"We're going to start with the five largest grocers in Canada, representing about 80% of the market, and we're going to be in solution mode with obvious deadlines and very clear outcomes for Canadians," he said, adding "We're going to bring them to Ottawa, talk to them about meaningful action, and if they fail, there'll be consequences."
More via Rebel News;
"Not only are some nutritious foods more difficult to find, but they can also be more expensive," according a report, Evaluation Of The Office Of Nutrition Policy And Promotion.
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