5 Small things to keep in mind for September 2, 2022

And happy back to school days for all those who celebrate. I have no idea how it's the beginning of September.

​

1) Couche-Tard buys Wilson Gas Stations

​

Couch-Tard has entered into an agreement with the Competition Bureau to sell a number of the Wilson convenience stores and gas stations.

Why?

Because Couche-Tard ALSO runs the Circle K conveince stores in the Irving Gas Stations. One of the Wilson stations that will be sold is located just outside Amherst - hopefully the new owner can get the Tim Horton's there to operate more effectively.

I suppose forcing the sale of these stores is better than nothing. It won't increase competition and may not even prevent a lessening of competition, it will all depend on who buys them. I'd rather the Competition Bureau just said no to this merger.

​

2) Maybe it was Earth all along?

​

​

Matt Young realized in his newsletter that it was corporate greed behind inflation. One startling fact -

​

Read his whole post for more of his analysis.

​

3) Another example of corporate profits...

​

​

4) Another example of monopolies driving inflation

​

Nicholas Shaxson wrote "The Finance Curse: How Global Finance is Making Us All Poorer" and is a founder of the Balanced Economy Project in Europe. He's worth a follow. Click here for the article he linked to.

​

5) Happy Labour Day Everyone...

​

​