Loblaw denies inflation profiteering, inside the Zellers relaunch and credit card interest-rate hikes: Must-read business and investing stories

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Plus, how government payouts are hurting inflation

. At nearly 8,000 square feet, the space features Zellers’s iconic red and white signage, with housewares, furniture, kids’ toys and clothing, pet supplies and apparel on display, the majority of products designed by the discount retailer’s new private label, Anko. HBC is hoping the Zellers reboot will draw in curious customers who might not otherwise visit Bay stores, not to mention price-sensitive Canadians looking for relief amid inflation.

, one of Canada’s most popular retail investments, amid a Bay Street spat that stems from surging demand for them. According to Tim Kiladze and Clare O’Hara, the Office of the Superintendent of Financial Institutions is looking into any liquidity concerns posed by cash ETFs, which are hybrid funds that function like high-interest savings accounts, yet offer much better interest rates – around 4.99 per cent annually.

 

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With that fake smile, he's not sleeping at night. See how long he holds up.

look at that sh1t eating grin

When do the CEOs of the pharmaceutical companies get hauled before parliament to explain their price gouging and profiteering?

It is a shareholders world, if you're not rich enough to be a shareholder you're nothing but a consumer.

They don't have to deny it the balance sheet shows that they aren't All you have to do is read their financial reports. All this is showing the new Democratic party has no idea how economics and the markets work. And they are clueless to see how policies they've supported…

Loblaws in not inflation profiteering, it's the CV19 vaccines at the Shoppers Drug venues which put the profits for Shoppers off the charts - the vaccine profits not bread profits.

Galenflation Weston

I am surprised he even showed up.

says Galen Weston, the man who has engaged in price-fixing schemes, evaded taxes and threatened to lay off workers. Also 1st to cut pandemic pay even though he benefited greatly because of covid.

The profits don't lie.

I don't get it. Why is the government picking on grocery stores, when it is their carbon taxes, gas taxes, their tariffs on fertilizer and their supply chain management that has caused most of the food inflation. Why aren't they being grilled?

Racism and vote buying brought to you by JustinTrudeau

I'd love to wipe that smug look off of Galen's face!

It’s simple,,,, don’t shop there

They should pay back the 12M of our tax dollars Trudeau gave them.

Of course they deny, but the numbers, facts and truth don't.

9.29 for Butter 😂😂😂😂

Paywalled. Wouldn't it be inexplicable if sites had to pay for a link to, for instance, G&M's website and their users find a paywall? Or are those exempted? mgeist

« À son entrée dans la salle, après le dévoilement du résultat, Paul St-Pierre Plamondon était ému aux larmes. «Qu’on passe le mot aux quatre coins du Québec: il y a un parti qui bâtit l’avenir» polqc vision QcPays languefrançaise

À LA UNE CE MATIN 👉 98,51% « Gonflés à bloc. Le partiquebecois dit avoir le vent dans le dos pour gouverner en 2026. L’appui au PQ et le taux d’opinion favorable envers le chef PaulPlamondon sont en hausse selon des sondages Léger. » polqc assnat

We tried this with big oil executives. It does not work. There is no such thing as an “embarrassment of riches”. Equity fails as Government enables greed to the point of gifting resources and hard cash and Legislating away workers rights. Unions are dead.

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