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Loblaw's Price Crisis: BBC Reveals Canada's Most Expensive Grocer




A BBC article highlights the high costs at Canada's Loblaw compared to the UK's Tesco and the U.S.'s Walmart. A whole chicken costs $5.63 CAD at Tesco but $11.59 CAD at Loblaw. This disparity has fueled a nationwide boycott initiated by the 'r/loblawsisoutofcontrol' subreddit, founded by Emily Johnson. 



With 88,000 members, the movement protests Loblaw's high prices and substantial profits, which saw a 4.5% revenue increase to $13.58 billion last quarter. Finance Minister Chrystia Freeland calls for more competition in the grocery sector, while the Trudeau government considers attracting foreign retailers like Aldi and Lidl to Canada.






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