Yes, Virginia, Supermarket Profits HAVE Expanded

Created
Thu, 08/12/2022 - 13:20
Updated
Thu, 08/12/2022 - 13:20
Supermarket executives were up on Parliament Hill this week, appearing before the Standing Committee on Agriculture and Agri-Food’s inquiry into food inflation grocery chain profits. They repeated the now-familiar argument that supermarkets have not caused food inflation, they have merely passed along higher input costs to their customers; their profit margins have been stable, it is claimed. Don’t believe them. [...]