I’m one of the most pro-investment policy people I know (between taxes, regulatory environment, macroprudence, etc.) but this is such bs
samsnom on
Simple solution to avoid fines, don’t make false claims. American companies can pay double for their dipshit commander in briefs.
Secret-Chapter-712 on
“[insert totally reasonable regulation here] could chill investment, [insert unquenchably greedy industry executives here] say”
spartiecat on
„Consequences for unethical business practices claims could chill investment, ethically questionable businesses say“
L8n8r6900 on
Damn, you would think that they would be able to easily eat the costs of fines like these…
„Since April 1, 2025, the Agency has issued $47,000 in financial penalties to businesses for inaccurate or misleading country of origin claims:
1000717809 Ontario Limited (Fortinos Etobicoke) received a $10,000 penalty;
Fresh in The City Inc. received a $7,000 penalty;
Meatex Farms Ltd. received a $10,000 penalty;
Oxford Frozen Foods Inc. received a $10,000 penalty;
Real Canadian Superstore received a $10,000 penalty.“
I suppose the funding and credits they get from the government just aren’t enough for them, and the penalties really break the bank.
Darwin-Charles on
Yeah because its so hard to not lie on your packaging.
Also no way a company misses out on all the revenue from setting up shop in Canada because their scared of a little fine which should be higher then it is anyway.
sharkfinsouperman on
Let me get this straight, monitoring retail practices and fining those who use fraudulent advertising is economically bad?
Peckerheads! Groceries are too expensive, time to eat the rich.
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7 Kommentare
I’m one of the most pro-investment policy people I know (between taxes, regulatory environment, macroprudence, etc.) but this is such bs
Simple solution to avoid fines, don’t make false claims. American companies can pay double for their dipshit commander in briefs.
“[insert totally reasonable regulation here] could chill investment, [insert unquenchably greedy industry executives here] say”
„Consequences for unethical business practices claims could chill investment, ethically questionable businesses say“
Damn, you would think that they would be able to easily eat the costs of fines like these…
„Since April 1, 2025, the Agency has issued $47,000 in financial penalties to businesses for inaccurate or misleading country of origin claims:
1000717809 Ontario Limited (Fortinos Etobicoke) received a $10,000 penalty;
Fresh in The City Inc. received a $7,000 penalty;
Meatex Farms Ltd. received a $10,000 penalty;
Oxford Frozen Foods Inc. received a $10,000 penalty;
Real Canadian Superstore received a $10,000 penalty.“
I suppose the funding and credits they get from the government just aren’t enough for them, and the penalties really break the bank.
Yeah because its so hard to not lie on your packaging.
Also no way a company misses out on all the revenue from setting up shop in Canada because their scared of a little fine which should be higher then it is anyway.
Let me get this straight, monitoring retail practices and fining those who use fraudulent advertising is economically bad?
Peckerheads! Groceries are too expensive, time to eat the rich.