Yes, Profits Have Risen With Prices
That unbelievably expensive grocery bill? Turns out there’s a simple explanation: a new report in Canada finds that corporate profits have doubled since before the outbreak of the pandemic.
Silas Xuereb is a Researcher with Canadians for Tax Fairness. His research focuses on social and economic inequalities, and he holds masters degrees in economics from the University of British Columbia and the Paris School of Economics.
That unbelievably expensive grocery bill? Turns out there’s a simple explanation: a new report in Canada finds that corporate profits have doubled since before the outbreak of the pandemic.