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  3. Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca

Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca

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  • T toastmeister@lemmy.ca

    If we didn’t do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.

    Do we blame them or the Feds though?

    R This user is from outside of this forum
    R This user is from outside of this forum
    Rentlar
    wrote on last edited by
    #17

    Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs

    do we blame immigrants or Canadian government

    LOL

    T 1 Reply Last reply
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    • L labtec6@lemmy.ca

      I personally didn’t see any price decreases when the carbon tax was removed so I wouldn’t be surprised.

      C This user is from outside of this forum
      C This user is from outside of this forum
      corsicanguppy@lemmy.ca
      wrote on last edited by
      #18

      didn’t see any price decreases

      Not much to decrease:

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      • D daryl@lemmy.ca

        Just to put this in perspective, Loblaws profits are going up.

        Just a moment...

        favicon

        (ca.investing.com)

        What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.

        “The company announced a 10% increase in dividends and repurchased $457 million in shares.”

        They are buying back their own shares. Potential investment money gone to waste.

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        P This user is from outside of this forum
        Phoenixz
        wrote on last edited by
        #19

        Buying up their own shares make the share value go up, less shares to buy and the such. This is awesome form investors and shareholders.

        Fuck the customers

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        • R Rentlar

          Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs

          do we blame immigrants or Canadian government

          LOL

          T This user is from outside of this forum
          T This user is from outside of this forum
          toastmeister@lemmy.ca
          wrote on last edited by
          #20

          Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

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          • T toastmeister@lemmy.ca

            Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

            R This user is from outside of this forum
            R This user is from outside of this forum
            Rentlar
            wrote on last edited by rentlar@lemmy.ca
            #21

            The TFW policy on immigration is terrible and an issue absolutely, but you’re using it as a whataboutism away from the topic at hand – that is chiefly a Loblaws decision to screw over people and reap the benefits from it.

            1 Reply Last reply
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            • T toastmeister@lemmy.ca

              Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

              L This user is from outside of this forum
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              leftytighty@slrpnk.net
              wrote on last edited by
              #22

              People will do anything but blame corporations for their behaviour.

              If we tax them prices will go up! Of course they raised prices, we didn’t make enough eye contact while we fellated the board!

              Funny it’s never “raising prices is pointless, people will just demand higher wages!”

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              • T toastmeister@lemmy.ca

                Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

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                revan343@lemmy.ca
                wrote on last edited by
                #23

                Yes, Canada uses immigration to prop up our economy due to our declining birth rate and our cancerous economic system. What does that have to do with Loblaw’s price gouging?

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                • D daryl@lemmy.ca

                  You assume wrong. Their profit margins have gone up. They are now making huge profits.

                  Just a moment...

                  favicon

                  (ca.investing.com)

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                  leftytighty@slrpnk.net
                  wrote on last edited by
                  #24

                  Can you show where you’re getting the information that margins have gone up? Only references to margins there indicate that they’ve been stable

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                  • L leftytighty@slrpnk.net

                    Can you show where you’re getting the information that margins have gone up? Only references to margins there indicate that they’ve been stable

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                    D This user is from outside of this forum
                    daryl@lemmy.ca
                    wrote on last edited by
                    #25

                    The devil is in the details. Read what the report does NOT say. If dividends increase, profit has gone up. The profit goes up, because the margins have gone up. Volume has not increased as much as the profit…

                    ‘Absolute sales grew 4%’, but ‘Adjusted EPS grew by 9.3%’. The earnings per share (profit) grew twice the rate of absolute sales.

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                    • C corsicanguppy@lemmy.ca

                      didn’t see any price decreases

                      Not much to decrease:

                      L This user is from outside of this forum
                      L This user is from outside of this forum
                      labtec6@lemmy.ca
                      wrote on last edited by
                      #26

                      Did anyone tell the grocers that?

                      1 Reply Last reply
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