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Loblaw raises dividend but won’t bring back pay bump to workers

Loblaw raises dividend but won’t bring back pay bump to workers

Canadian food vendor Loblaw has reported significantly higher sales across all of its brands of grocery stores, enough to hike the company’s dividend to shareholders. This, even as it sticks by a decision to roll back a $2-per-hour pay bump for workers. The company reported a revenue of $15.67 billion, up from nearly $14.66 billion in the same quarter a year earlier.

Sabrina Morris
Sabrina Morris 2 months

Loblaws has also gotten government handouts from Justin Trudeau for retrofitting freezers and other equipment to become environmentally friendly while paying their employees the lowest they can get away with.

Rodrigo Teresa
Rodrigo Teresa 2 months

I worked for one of their Canadian chains and it was the worst job I ever had.

Larry 2 months

Greedy corporations should pay for their antisocial greedy behavior

Tim Baker
Tim Baker 2 months

Always enough for the people who do the least. Whilst those who toil for them get ignored.

Thomas 2 months

Poor Canadians

J. S. Dietrich
J. S. Dietrich 2 months

Tell me again how Canada is a socialist country?

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