Dollars and SenseHot TopicNationalNews
NDP Want Investigation Into Grocery Store Profits Amid High Food Inflation
Source: Craig Lord Global News, September 28, 2022
The cost of food has skyrocketed 10.8 per cent — a new 41-year high.
Federal NDP Leader Jagmeet Singh is calling for a parliamentary committee to investigate soaring profits posted at grocery stores, insinuating that corporate greed or worse is inflating the already rising costs of food.
Singh said Tuesday that a probe is needed to uncover the root cause of corporate profits and CEO bonuses in the food and grocery sector.