World Perspectives

Trudeau’s Ill Conceived Plan to Lower Canadian Grocery Prices

Yesterday was the deadline for Canadian grocery retailers to submit a “comprehensive plan” to the federal government on how to reduce grocery prices. In September, Prime Minister Justin Trudeau gave the industry an ultimatum to “stabilize” food prices. In a speech in Ontario, the PM said: In recent years, large grocers have been making more money, all while the cost of groceries has risen drastically and families are struggling to put food on their tables.  We are also looking at all tools at our disposal, and we are not ruling out the use of tax measures, in order to restore the grocery price stability that Canadians expect.  The CEOs of the top five retailers were called to Ottawa to testify before Par...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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