Commentary This may come as a surprise to some Canadians, but our country doesn’t really have a real discount grocery chain. With higher food prices and a growing number of consumers seeking refuge from record-setting food inflation at the grocery store, real discount grocery stores would come in very handy. But the option is simply…
Sylvain Charlebois: Canada Desperately Needs ‘Real’ Discount Grocery Stores
Accusing Grocers of ‘Greedflation’ Is Pointless, but People Want a Scapegoat
Commentary As food prices rise, many are quick to blame grocers for profiteering and taking advantage of consumers. The notion of “greedflation” has emerged as one of the most talked about issues in the last month. Food inflation in Canada is at a 41-year high, at 10.3 percent, and chances are that consumers won’t get…
Canadian Shoppers Shift to Discount Stores, No Name Brand Amid High Inflation: Loblaw
Canada’s big three grocers say rising food prices are shaping shopping habits, with Loblaw Companies Ltd. the latest to offer insight into how people are saving money on their grocery bill amid soaring inflation. Consumers are shopping for groceries more often, buying less with each visit and shifting to value-oriented stores as pandemic restrictions loosen…
Loblaw Recalling PC Brand Lemon & Ginger Sicilian Soda Due to Glass Risk
Loblaw Companies Ltd. is recalling PC brand Lemon & Ginger Sicilian Soda from the marketplace due to the possible presence of glass. The soda was sold nationally in 200 millilitre containers with a best before date of Sep. 24, 2023. The Canadian Food Inspection Agency says the recall was triggered by a consumer complaint. However,…
Loblaw Financial Wins Supreme Court Case Over Tax Treatment of Barbados Subsidiary
OTTAWA—The Supreme Court of Canada has sided with Loblaw Financial Holdings in a dispute over the tax treatment of a subsidiary the company ran in Barbados. In a 7-0 ruling today, the top court says Canadian provisions at issue in the case did not apply to the company, Glenhuron Bank Ltd., meaning tax on its…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`