this post was submitted on 16 Apr 2026
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How are the margins on their real estate and the other businesses they own in the value chain? These aren't simple grocers. They also have majority ownership stakes in the REITs their grocery stores are paying rent to and they have pharmacy and financial services businesses wrapped up in there too. So, the grocery store itself may be making 2%-5%, but they're making 60%-70% as landlords to their grocery, another 10% for the pharmacy, and probably 30%-40% on financial services.
There are policy proposals for how government could get involved that are estimated potentially offer up to 25% savings for customers.
Well thats entirely my point, the problem in Canada is overpriced real estate, due to government policy.
You're slapping lipstick on a pig and calling it a great idea.