Faced with increasing pressure to respond to widespread concerns about the cost of living and questions about his leadership, Prime Minister Justin Trudeau announced a series of new measures Thursday meant to deal with rising housing and grocery prices.

@frostbiker@lemmy.ca
link
fedilink
4
edit-2
1Y

If you place price caps on a product that are below the point where it is profitable for companies to sell it then they will simply stop stocking them in in their shelves. There is historical precedent, too.

Profitability has clearly not been a problem for smaller grocers. Why is it only a problem for the big chains?

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 119 users / day
  • 251 users / week
  • 526 users / month
  • 1.99K users / 6 months
  • 1 subscriber
  • 5.7K Posts
  • 50.8K Comments
  • Modlog