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Old 09-29-2021, 09:54 AM   #12
GordonBlue
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Originally Posted by 81MC View Post
I don’t disagree. At all. I hope that’s not what this action hinges on though, because I don’t think that’ll garner much support from the (large) amount of people who actually also needed to go to work.

I went to work every day, and saw hundreds who continued to as well. Were drive through workers, cabbies, inspectors, station attendants, skip operators etc given danger pay?
I don't think you're being malicious, but you're demeaning their jobs, perhaps unintentionally.

first calling them unskilled then saying maybe they don't deserve more because other jobs didn't get more.

do you make $15 an hour? probably not. As most of CP seems to, your household likely makes a heck of a lot more.

saying this groups maybe shouldn't get more because other deserving jobs didn't get more isn't a good argument.

not saying you, but it's amazing how people with money tend to just ignore or demean the people who serve them.

https://www.newswire.ca/news-release...819204195.html

some highlights from the loblaws 4th quarter report for 2020.
Net earnings available to common shareholders of the Company were $310 million. This represented an increase of $56 million, or 22.0% when compared to the fourth quarter of 2019. Diluted net earnings per common share were $0.88. This represented an increase of $0.18, or 25.7% when compared to the fourth quarter of 2019.
Adjusted net earnings available to common shareholders of the Company(2) were $410 million. This represented an increase of $15 million, or 3.8% when compared to the fourth quarter of 2019.
Adjusted diluted net earnings per common share(2) were $1.16. This represented an increase of $0.07, or 6.4% when compared to the fourth quarter of 2019.

article from late last year
https://www.cbc.ca/news/business/lob...-pay-1.5800766
Loblaw hikes dividend on higher grocery sales — but no plans to bring back pandemic pay hike, too

Sales, profit, dividend and costs all up, but wages won't be doing the same
Revenue totalled $15.67 billion, up from nearly $14.66 billion in the same quarter a year earlier.

But some of those higher sales were offset by roughly $85 million in COVID-19-related expenses, and higher labour costs associated with booming e-commerce sales from home delivery.

That translated to an adjusted profit $464 million, or $1.30 per diluted share, up from an adjusted profit of $458 million, or $1.25 per diluted share, a year ago.

All in all, the company was confident enough with its financial performance to boost its dividend by two cents a share, to 33.5 cents.




Loblaws is doing fine. why undercut employees so crucial to the infrastructure of the company? because they can? they can't drop their per share dividend by part of a cent?

of course staff in many industries deserve more than what they've gotten.
But in this case, this story is Superstore and thiedr willingness (97%!) to strike.
I'm glad the Susperstore employees are fighting, as they deserve more. simple as that.
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