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this post was submitted on 01 Apr 2026
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Well Loblaws is a REIT as well, and I believe their margins are far higher on that, which raises top line margins.
The REIT does well due to our government zoning policy, which has caused massive urban sprawl and extremely high commercial real estate prices. Likely also causing a lack of competition and higher prices for goods, like everything in Canada it became an oligopoly.