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Guelph Top Stories

The Capote family pirates with their little parrot at Treats in the Streets Uptown Waterloo on Oct. 28, 2023. (Dan Lauckner/CTV Kitchener)
I have lots of blue jays visiting my backyard in Guelph and the fall colours make for a beautiful background. - Tim Pharoah, Guelph
Protesters with the 1 Million March 4 Children and counter protesters meet in front of Guelph City Hall on Sept. 20, 2023. (Dan Lauckner/CTV Kitchener)

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Grocer profits set to exceed record in 2023, expert says, ahead of committee meeting

Profits in the Canadian grocery sector will likely exceed $6 billion in 2023, setting a new record as they rise eight per cent from last year, according to the Centre for Future Work. New research by the progressive research institute found that food retailers are now earning more than twice as much profit as they did pre-pandemic.