Activate your Online Access NowCanadians are “no doubt influenced by reports of record profits for major corporations,” the report said. “This speaks to a growing economic anxiety among Canadians at all income levels.”
Canada’s large grocery chains have attracted much of the attention and have been accused of “greedflation” as their profits rose in tandem with inflation. Just last month,Canadians believe that inflation is the most urgent issue for governments to address today , followed by home prices and the cost of rent , which are also inflation-related.
Many hold the government responsible for it, with nearly half thinking that that the current episode of inflation is within the control of Canadian policymakers. “Canadians think governments need to step in and do more to address it, and will not let policy makers off the hook just because inflation is a matter of the global economy,” the report said.” in the grocery sector last September as members tried to pin rising food costs on grocery chain chief executives. Large grocers are continuing to defend themselves against accusations that they are taking advantage of financially pressured Canadians.There was an error, please provide a valid email address.