Canada has implemented a new tax savings from December to February for some things like taxable groceries, crafts, and gaming physical media. I wanted to get a new Xbox controller and found the best price at Walmart for $55 a week ago. The tax holiday starts today and I now see that the $55 has increased to $62 and change, which is about how much tax I should be saving. Great to see this thinly veiled attempt to help Canadians ( /s - win votes) is just going to be extra profit in the corporations’ pockets.
That’s not really relevant. A break in sales tax that just targets consumer necessities should be a progressive tax.
The problem is that a lack of competition in this country means that grocers can raise their prices with no fear of losing customers
It doesn’t matter how much competition there is of they’re all going to do it anyway.
It does. Competition is literally the only mechanism that drives greedy actors to lower prices or improve their service. Without competition they hoarde.
You forgot about laws.