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this post was submitted on 18 May 2025
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Just to put this in perspective, Loblaws profits are going up.
https://ca.investing.com/news/transcripts/earnings-call-transcript-loblaw-companies-q1-2025-sees-revenue-growth-dividend-boost-93CH-3984595
What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.
"The company announced a 10% increase in dividends and repurchased $457 million in shares."
They are buying back their own shares. Potential investment money gone to waste.
Buying up their own shares make the share value go up, less shares to buy and the such. This is awesome form investors and shareholders.
Fuck the customers
If we didn't do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.
Do we blame them or the Feds though?
Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs
LOL
Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.
The TFW policy on immigration is terrible and an issue absolutely, but you're using it as a whataboutism away from the topic at hand -- that is chiefly a Loblaws decision to screw over people and reap the benefits from it.
This makes absolutely no sense. Actually, it appears you are trying to mask far-right extremism in a seemingly innocuous post.
I blame you for meaningless obfuscation.