Terence Corcoran: Carney slaps down grocery ‘greedflation’
Time for CBC and the Competition Bureau to stop attacking the grocery industry
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Only four days after standing in front of 3,000 global political leaders, bureaucrats, corporate CEOs and a few billionaires in Davos to deliver a wordy speech the majority of Canadians could not understand or care about, Prime Minister Mark Carney on Monday came back to ground zero — a grocery store in Ottawa.
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Standing in front of stacks of avocados imported from Mexico and what looked like home-grown Honeycrisp apples, Carney turned his global focus toward a local issue that constantly grabs headlines — food prices in Canadian grocery stores. Price labels on the avocados and apples were missing. But Carney’s message was clear: Food prices are high and I’m here to help.
Carney’s plan is to provide GST rebates to 12 million Canadians, rising to $1,8OO this year for a family of four. The rebates could raise federal deficits and/or taxes by more than $11 billion over the next five years.
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