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Jagmeet Singh - Jagmeet Singh says grocery chains are ‘profiteering’ amid inflation. Is it true? - globalnews.ca - Canada - Ukraine
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Jagmeet Singh says grocery chains are ‘profiteering’ amid inflation. Is it true?
Jagmeet Singh is calling out Canada’s major grocery chains for making record profits amid soaring inflation, which he calls “profiteering.”Speaking to Global News Radio 640 host Greg Brady Tuesday, Singh accused corporate grocers of “gouging” Canadians with marked-up food prices while still reporting higher profits, which he says doesn’t add up.“If you’re increasing prices to offset increased costs, they would have the same level of profit,” he said. “But we’re seeing a significant increase in their profits.“It shows that they’re just gouging Canadians at this difficult time.” Global food, fuel prices won’t ease until 2024 due to Ukraine war: World Bank On Wednesday, Singh called for an “excess profits tax” on major grocery chains and oil and gas companies, expanding the Liberals’ plan to place a higher 18 per cent tax on bank profits exceeding $1 billion.The NDP say the revenue collected from their proposed tax would help raise the annual GST tax credit and Canada Child Benefit by $500 each per year.“Why is it that wealthy companies get to make more, and families have to suffer, and why do governments allow that to happen?” he asked.“The whole point of government is to level that, to ensure companies aren’t gouging or exploiting a difficult time.”A look at the latest earnings reports from the three major grocery chains — Loblaw, Empire Co.
Fred Eisenberger - Michelle Baird - City of Hamilton ends COVID-19 emergency declaration - globalnews.ca
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City of Hamilton ends COVID-19 emergency declaration
Fred Eisenberger has ended the city’s COVID-19 emergency declaration.The action was first declared in unison with Ontario’s state of emergency enacted on March 17, 2020, as the coronavirus pandemic first began.A temporary order under the Emergency Management and Civil Protection Act (EMCPA) allowed municipalities the flexibility to deploy staff where they were needed to manage the city’s vital services.Eisenberger said the measure was “not rescinded lightly” by the city and that the community still needs to be “aware and be vigilant” as it eases into a “normal state.”The change means the city will return to in-person meetings, also offered in a hybrid format, on May 25 with committee meetings coming back on the week of May 30.City advisory committees will also return the week of May 30 while full-on advisory committees will still be limited as staff work through the process of a full return. Ontario COVID numbers: 1,555 people in hospital, 188 in intensive care The city’s mask mandate for its employees will also be lifted on May 25 with in-person public engagement allowed on the same day.“I do want to recognize the importance of this moment,” Eisenberger said in a virtual media conference on Tuesday. “It’s taken us two and half years to get here.”Public health epidemiologist Michelle Baird characterized the community’s current COVID situation as better having past the peak of transmission in the most recent wave.Case numbers, the percentage of PCR tests coming back positive and wastewater signals continue to show declines in spread of COVID.“Although transmission is decreasing, we are still in a pandemic,” said Baird.“But we are now in a phase where we are learning collectively what it means to live with COVID.
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