Despite efforts to tame inflation, food prices continue to soar. It’s not a great look that Canada’s major food retailers are thriving as many people increasingly face challenging economic circumstances. The CEOs of Canada’s main food retailers will be asked to appear before a parliamentary standing committee to account for the pricing of their products. The CEOs of Canada’s main food retailers will expectedly point to such data. While evidence of “greedflation” among major food retailers is unlikely, “greed” — signifying a self-focused aspiration for wealth and power — still seems applicable.

Source: thestar October 25, 2022 19:02 UTC