this post was submitted on 15 Sep 2023
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Faced with increasing pressure to respond to widespread concerns about the cost of living and questions about his leadership, Prime Minister Justin Trudeau announced a series of new measures Thursday meant to deal with rising housing and grocery prices.

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[–] zephyreks@lemmy.ca 5 points 1 year ago (6 children)

The government needed to legislate price caps for key groceries and give the municipalities more control over their zoning and construction. This neoliberal policy bullshit just serves to take money from public coffers and put it in the pockets of the rich.

[–] frostbiker@lemmy.ca 4 points 1 year ago* (last edited 1 year ago) (2 children)

If you place price caps on a product that are below the point where it is profitable for companies to sell it then they will simply stop stocking them in in their shelves. There is historical precedent, too.

[–] zephyreks@lemmy.ca 6 points 1 year ago (1 children)

Profitability has clearly not been a problem for smaller grocers. Why is it only a problem for the big chains?

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