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September 14th, 2023

NDP: For years, Liberals have failed to tackle corporate greed driving up grocery prices

NDP Leader Jagmeet Singh made the following statement about measures announced by the Liberal government to address grocery prices:

“Canadian families have been struggling to make ends meet for over a year. The Liberals have disappointed Canadians by failing to help them or tackling the corporate greed driving up costs.
During his caucus retreat speech, after months of silence on the issue, Justin Trudeau claimed he’d address the high grocery prices. But his plan is vague and doesn’t force CEOs to act. Asking Galen Weston nicely to make less profit is like asking Pierre Poilievre to care about climate change.
Canadians are paying for Liberals’ inaction on corporate greed every time they go to the grocery store.
Just today, Empire released their profits for the first quarter of the 2024 fiscal year. Their net profits rose by 92 million dollars. That staggering amount of money was made by taking advantage of an inflation crisis to charge Canadians as much as possible. That money is the unpaid wages of workers who have made CEOs and shareholders massively wealthy. And the Liberals and Conservatives have refused to make these CEOS pay what they owe.
Repeatedly, New Democrats have called on the Liberals and Conservatives to tackle the corporate greed driving up grocery costs for Canadians. Both Pierre Poilievre and Justin Trudeau have refused to put in place an excess profit tax on wealthy CEOs lining their pockets while Canadians can’t afford the groceries their families need.
New Democrats are going to continue to use our power to force the Liberals to take urgent action for Canadians. People can’t afford a government who delays and disappoints instead of delivering the help they need.”