Ontario Greens call for Weston Tax to combat grocery price gouging

November 20, 2023

QUEEN'S PARK — The Green Party of Ontario is calling for the creation of an excess profits tax on major grocery retailers in order to put an end to price gouging at the grocery store and redistribute revenue to Ontarians.

“The affordability crisis is hitting Ontarians hard,” said Ontario Greens leader and MPP for Guelph Mike Schreiner. “Every day, families are foregoing basic needs because the cost of living is just too high.

“And while everyone else is struggling to make ends meet, Canada’s grocery giants are raking in record profits.

“That’s why Ontario Greens are calling for the creation of a Weston Tax on excess profits of major grocery retailers – to reign in greedflation and give money back to everyday Ontarians.”

Earlier today, Schreiner tabled a motion in the Ontario Legislature calling on the province to implement the excess profits tax as a means of addressing the province’s affordability crisis.

“It’s time to get back to putting people first – and the Weston Tax does just that.”

Schreiner made the announcement alongside Ontario Greens’ deputy leader and MPP Candidate for Kitchener Centre, Aislinn Clancy.

“No one should have to choose between paying rent and putting food on the table,” said Clancy. “Yet more and more people are forced into those kinds of choices every day. It’s time to put an end to price gouging and put money back into people’s pockets.

“This is exactly the kind of tool we need to deliver real affordability solutions to the people of this province.”

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