49
Trudeau announces new measures to deal with housing, grocery prices (www.cbc.ca)
submitted 2 years ago by to c/canada@lemmy.ca
32 comments fedilink hide all child comments
 

Faced with increasing pressure to respond to widespread concerns about the cost of living and questions about his leadership, Prime Minister Justin Trudeau announced a series of new measures Thursday meant to deal with rising housing and grocery prices.

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 2 years ago* (last edited 2 years ago) (1 child)

If you place price caps on a product that are below the point where it is profitable for companies to sell it then they will simply stop stocking them in in their shelves. There is historical precedent, too.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •