Metro pretending to be a victim here would be funny if it wasn’t so sad.
In 2025, Metro had net earnings of just under $1.02 billion, growing by 9.4% over 2024. The thieves’ estimated damages is $3000. That is around 0.0003% of their earnings. They make more money than that in 2 minutes.
All this information is sourced from Metro’s own financial report: https://corpo.metro.ca/userfiles/file/PDF/Rapport-Annuel/2025/en/annual_report_2025_EN.pdf
I don’t understand how they have a 2025 financial report before 2025 has even finished, but it doesn’t really matter (and I can’t be bothered to figure it out). It is the most recent report.Statcan estimates the inflation rate between November 2024 and November 2025 to be 2.2%. Metro has more than quadrupled inflation. Unless they are somehow making their money from something other than selling goods to consumers, they are definitely charging too much.
Grégoire also defended the company’s philanthropic efforts, saying that in 2025, Metro donated $1.15 million to food banks, and provided millions of dollars worth of food donations to other organizations.
With their own financial report in mind, this is basically the corporate equivalent to virtue signalling. If they actually cared about making things affordable, they’d either have reduced their in-store prices to make their net earnings plateau or donated 100x more to food banks.
With 22 B in revenue and 1 B in earnings, that puts their cut of your groceries at ~4.5%. That is a bit higher than I expected.
I can’t argue with food theft. Make food affordable.
Looks like Robinhood to me. The red and blue politicians intend to keep groceries expensive for their rich backers.
