Loblaw Companies on Thursday forecast annual earnings above analysts’ expectations, after the Canadian retailer’s fourth-quarter results beat estimates, helped by strength in its pharmacy business and as demand held up for groceries.
The company says it earned a profit available to common shareholders of $529 million. Its fourth-quarter revenue rose about 10 per cent to $14.01 billion, topping estimates of $13.75 billion.
One industry expert put it bluntly: “This is what collusion looks like”
The most recent reports have revealed just how extensive China’s activities have become, and exposed the Trudeau government’s astonishing reluctance to treat them with the seriousness they deserve
Once established, it can take a long time to escape a bad reputation, as Canada has when it comes to China.
It’s been decades in the making, with successive prime ministers seized by the perceived gains to be had from the world’s most populous market. The current prime minister famously expressed his enthusiasm for the one-party state’s “basic dictatorship.”
… Among the allegations were that if O’Toole formed government, he’d ban the popular social messaging app WeChat, and that his hawkish stance on the Chinese government would lead to an increase
in anti-Asian racism in Canada, accusing him of mirroring then-U.S. president Donald Trump who referred to COVID-19 as the “Chinese virus.”
“O’Toole is like former US President Trump 2.0, completely inheriting his mantle,” reads one posting included in the memo.
“In fact, there are already signs that O’Toole is ‘on par’ with Trump.”
Trump? I wish!
More evidence that the LPC is a subsidiary of the CCP.
The Canadian military found and retrieved Chinese monitoring buoys in the Arctic this past fall, a development whose public exposure adds another item to a list of pressing concerns about Beijing’s interventions in Canadian affairs, including interference in recent federal elections.
The buoys were spotted by the Canadian Armed Forces as part of Operation Limpid, a continuing effort to provide early detection of threats to Canada’s security. Earlier this month, the North American Aerospace Defence Command shot down a different Chinese surveillance device: a high-altitude balloon that traversed North America before it was destroyed.
The LPC and the corporate class must be getting greased pretty good by the ChiComs and Canada’s China class.
Junior seems always willing to kowtow to Beijing in order not to offend the CCP’s embedded 5th column.
There has to be a reason for it. What do they have on Junior & Co?
The Conservatives are wooing ethnic-minority Canadians and newcomers to try to broaden their support in urban and suburban seats they need to win the next election, as a new poll shows the Tories have nibbled away at the Liberals’ lead among racialized voters since Pierre Poilievre became leader.
The strategy, echoing an approach by former Conservative prime minister Stephen Harper, is being backed by more advertising in ethnic-minority media and a ramping up of engagement at community events by Mr. Poilievre and his front bench.
Whether under an LPC-NDP or CPC government mass immigration is still mass immigration.
It will still degrade the historic bonds that unite us.
Your standard of living will continue its rapid decline.
Immigration policy is called the 3rd Rail of Canadian Politics for a reason – you’re being screwed and they don’t want you talking about it.
The Uniparty could save themselves some money by creating interchangeable election signage – “A Smaller piece of the pie for you” is a perfect truth in advertising slogan.
Opposition MPs on the House of Commons public accounts committee want to view the contracts for billions of dollars between the federal government and COVID-19 vaccine manufacturers, but the Liberals are seeking a requirement that the MPs sign a non-disclosure agreement before doing so.
Bloc Québécois MP Nathalie Sinclair-Desgagné had tabled a motion in committee on Feb. 13 to have MPs look at the contracts free of any redactions and in a controlled setting where no electronic devices would be allowed.
h/t Mauser
While politicians in Ottawa and Quebec City bicker and negotiate over what to do about Roxham Road, locals must put up with frequent RCMP stops while at the same time trying to keep an eye open to help Mounties enforce border rules.
Matthias Kaiser, a farmer who owns land in the area near what is now internationally known as the official unofficial point of entry for asylum seekers in Canada, is used to interacting with law-enforcement agents from both sides of the border.
A discussion on limiting mass immigration will still get you called a racist.
None of the mainstream political parties will speak out against it because they all dance to the same master’s tune.
Canada’s immigration policy is driven by the greed of the corporate class to your detriment.
McKinsey is stealing your country.
The LPC-NDP-CPC Uniparty will not be getting my vote.
Immigration Minister Sean Fraser told the House of Commons government operations committee on Feb. 15 that the involvement of consulting firm McKinsey & Company in his department had no influence on how he determined immigration targets for the country.
“I don’t have a relationship with representatives of McKinsey or Dominic Barton, if anybody had been curious,” Fraser said.
“The company had not advised me directly or influenced the decision-making about our immigration levels plan.”
He’s a Liberal which is the same as saying he’s a compulsive liar.
Moments after a Greyhound bus from New York City pulls into a gas station bus stop in Plattsburgh, N.Y., Friday at 5:25 a.m., several minivan taxis swarm the vehicle.
About a dozen passengers descend from the bus — mostly single men, but also several couples and a family with three young daughters. They are greeted by four pushy taxi drivers.
Seven years of foolish Liberal immigration policy is cratering housing, health care and the middle class in the country’s two largest cities, Toronto and Vancouver. A new report by CIBC Capital Markets reveals that the overly rapid immigration problem is much more serious than most people realized.
… Prime Minister Justin Trudeau’s government is reducing the living standards of Canadians while at the same time attacking the country’s economic base and resource industries.
Loblaw’s suspension of its price freeze this week on No Name products should prompt us to reflect on a bigger issue: The company’s No Frills chain, which heavily stocks these house-brand items, is not a real discount grocer.
This may come as a surprise for some Canadians, but our country doesn’t really have any true discount grocery chain. With higher food prices and a growing number of consumers seeking refuge from record-setting food inflation at the grocery store, real discount grocery stores would really come in handy. But the option is simply not there.
It’s been more than five years since Canada’s Competition Bureau began its investigation into an alleged bread price-fixing scheme involving major grocery chains and bakeries countrywide.
But since then, no charges have been laid and the Bureau hasn’t released conclusions of its probe.
The vice-dean of research in Civil Law at the University of Ottawa says it raises questions about the watchdog’s ability to safeguard consumers or compel companies.
Global management consulting giant McKinsey and Company says its contracts with the federal government make up as much as 10 per cent of its gross revenue in Canada.
The Canadian revenue figures for McKinsey’s Canadian operations, contained in a U.S. court filing, show how integral federal government contracts are to the New York-based firm, which has offices in Toronto, Montreal, Calgary and Vancouver.
Ex-McKinsey Chief Dominic Barton has had an insidious influence on Canada’s immigration policy which now serves corporate greed exclusively.
Freeland lets us in on her and Junior’s cozy relationship with Barton.
UNEARTHED: @cafreeland talks about the deep personal relationship between herself, Dominic Barton, and @JustinTrudeau.
Barton was the managing partner at McKinsey. McKinsey got over $100 million in government contracts since Liberals took power. #cdnpoli pic.twitter.com/cPMbaaBERg
— Garnett Genuis (@GarnettGenuis) January 30, 2023
As soon as the Americans passed the ludicrously named Inflation Reduction Act, the shameless begging in Canada for the the Liberals to bring in their own plan would make the most seasoned con artists wince. Everyone has their hand out, demanding their cut. Carmakers, universities, unions, oil and gas companies, renewable energy companies and anyone who believes lobbying Liberals is preferable to satisfying customers has dollar signs in their eyes.
