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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.
CANADAfinancialpost.com
LEFTca.news.yahoo.com
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
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
2 months
Tell me again how Canada is a socialist country?
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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.