Loblaw reports 9.8% quarterly profit boost, hikes dividend 15%

Fuck these exploiting fucks... food prices hit poor Canadians the hardest - you have to be a real asshole to accelerate inflation and the transfer of wealth to the rich and celebrate it on may day.

More bald faced lies and doublespeak from chief pig, Per Bank.

They’ve choked out competition so people have little or no choice but to use stores, they have an effective monopoly on their market so face little price competition. They are gouging as hard as they dare, offering “bargains” on their inferior, high-margin fakes and knockoffs. Every item they steal as a knockoff to generously offer us suckers as “value” takes money away from food suppliers, who then have less leverage to negotiate. Per Bank, Loblaws, Safeway, Save-On, all the major grocers play the same piggy game, gleefully gouging both ends of the market and hoarding the loot for there C suite bonuses and institutional shareholders… while throw handfuls of nickels to the retail shareholders to keep them voting the right way and parroting the doublespeak.

It’s a polite oligarchy. Per Bank is a thug in a yellow cardigan, holding a knife to your throat and emptying your pockets while he smiles and tells you how invested he is in bringing you more value.

Rampant and criminal exploitation of the working class that literally threatens their ability to feed their children, while government watches and does nothing - this is a recipe for violence.

I hope Per is setting some bonus money aside for security - history is full of pigs just like him who come to an end with their head on a stick.

Shop at your local co-op.

If you don't have one, make one.

Loblaws could give $300 to every single person in Canada. Every infant, every centenarian, every human being in this country could get $300, either in cash or to put towards groceries.

And Loblaws would still have a profit of over a billion dollars for the past year.

Is this from Bob Loblaw's law blog?

My offline friend talked to me the other day about the boycott this month. So that's a good sign, at least regarding public perception.

As dividends go, that's not great.