“It’s not okay that our biggest grocery stores are making record profits while Canadians are struggling to put food on the table.” —PM Justin Trudeau, September 13, 2023. A couple of days after the above statement, the then-prime minister and his government continued a campaign to blame rising food prices on grocery retailers. The line…
Prime Minister Justin Trudeau’s directive to force grocery stores to reset prices with the aim of stabilizing inflation appears to address Canada’s escalating food prices. While it may temporarily alleviate concerns and garner initial support, it falls short of addressing the root causes of inflation and could ultimately do more harm than good. Inflation became…