Western Standard - July 08, 2024


NDP Leader Singh Calls for Federal Intervention to Cut Grocery Costs

Topics
grocery costs and CEO profits
Mentioned
Justin Schudeau Benito
Keir Starmer Leads Labour to Victory, Set to Be Next Prime Minister Capital Gain Tax： Finance Minister Freeland says it’s about intergenerational fairness

Episode Stats


Length

2 minutes

Words per minute

167.13

Word count

398

Sentence count

41


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

When you go into a grocery store and you're buying more than ever and paying even less, there is a rich CEO that's ripping you off. And that is happening because liberals and conservatives have let these CEOs have all the power, all the wealth, to rip you off and you end up paying the price.

Transcript

Transcript generated with Whisper (turbo).
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 We were just shopping in the grocery store, and I just want to pull out my receipt here.
00:00:03.620 We bought two things.
00:00:06.020 We bought olive oil.
00:00:08.640 Hold on a second.
00:00:09.720 We bought olive oil and apples here at the Superstore.
00:00:14.060 The olive oil was over $20, $23 for this olive oil.
00:00:20.800 President's Choice, $23.
00:00:23.500 And this bag of apples, imperfect.
00:00:26.780 President's Choice, again, the brand of Superstores of Loblaws, $9 for a bag of apples.
00:00:34.220 Imperfect.
00:00:35.260 Pretty much the same price as the other non-local brand, known brand of Superstore.
00:00:42.440 They're ripping us off.
00:00:43.960 And I want to just talk about what that means.
00:00:45.860 When you go into a grocery store and you're buying groceries and you're buying more than ever and paying even less,
00:00:52.620 you know on the other side of that, there is a rich CEO that's ripping you off.
00:00:58.040 And that is happening because liberals and conservatives have let these CEOs have all the power, all the wealth, to rip you off.
00:01:05.520 And you end up paying the price.
00:01:07.700 $30.
00:01:08.760 Almost $40 you spend here on two items.
00:01:12.640 This is what families are up against here in the Tri-Cities but across the country.
00:01:16.400 Families are hurting because they try to go in and buy basic things.
00:01:20.960 You need cooking oil, want some fruits for your family.
00:01:23.620 Like Benito was saying, it's so expensive to buy healthy.
00:01:27.540 Like what are families to do when the costs are so high?
00:01:31.160 And I want to be clear about this.
00:01:32.900 Justin Schudeau has had the power in the past nine years to take this problem on.
00:01:37.400 What has he done?
00:01:38.420 Ignored the problem.
00:01:39.220 We saw food prices exceed inflation, general inflation, for over two years.
00:01:45.940 And he did nothing about it.
00:01:47.600 On top of that, we know that the corporate grocery stores, like we're in front of Superstore, it's owned by Loblaws.
00:01:54.400 Loblaws posted a million dollars a day in excess profits.
00:01:59.160 These are outrageous numbers.
00:02:01.300 And the thing is, when they're making outrageous profits, people are paying their price.
00:02:05.460 You are paying more for less.
00:02:07.560 People are hurting.
00:02:08.440 But there are things we can do.
00:02:10.800 We can change the rules to benefit people.
00:02:13.140 I know the big corporations don't want that.
00:02:15.040 Liberal conservatives certainly don't want it.
00:02:16.560 But we do.
00:02:17.360 We want the rules to be changed so they protect you and your wallets, not corporate profits.