Spyke

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canada

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Canada Bread agrees to $50M fine for role in bread price-fixing scandal

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For real. This "our profit margin hasn't increased" argument is BS. If it's a percentage, it's increased at the rate of YOUR inflation. That's why you can simultaneously make the profit margin argument, while toting record profits at investor's meetings.

If I sell lettuce at $1 and make $0.10 profit, I have a 10% profit margin. Mark every step of the way up to my store and sell the same lettuce for $10 and make $1 profit, I STILL have a 10% profit margin. But now I can also tell my investors I have increased profits 900%

I'm sure there's lots of arms length vertical integration to spread these higher costs around to as well. Example: Rogers stores, service techs, etc are all "technically" subcontractors. Numbered companies with Rogers logos on everything.

I'd be pretty damn surprised if Loblaws et al don't have their hands in the logistics ends of their businesses. ___

canada

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CRTC reaches major milestone to make cellphone plans cheaper for Canadians

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Fuck, I just got back from NZ and it was $88 for a SIM, 60 days unlimited calling, 100GB data, and 250 minutes to a big list of countries (incl Canada).And they're working on using Starlink to improve the network in the South Island so they have less impact from towers in the mountains

Canadian telcos have the highest ARPU in the world, it's ridiculous. The telephone/internet/cell towers should be run by a crown corp and the telcos pay into it. We fucked up privatizing, but that seems to be the status quo

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