Industry Minister Francois-Philippe Champagne says he’s ‘disappointed’ in the lack of transparency Canadian grocery store giants have offered so far when it comes to tackling food inflation. He’s sending a letter to Canada’s Commissioner of Competition to express his dissatisfaction.
If the taxes are designed to create a ceiling, it wouldn’t matter how much they charged.
I do like the idea of crown corporation grocery stores, though. Let’s go that route.
Only way that works is a 100% tax rate after a certain point and what I think would happen is that they would find better ways to dodge them…