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YOUR FINANCES

Grocer profits set to exceed record in 2023, expert says, ahead of committee meeting

Profits in the Canadian grocery sector will likely exceed $6 billion in 2023, setting a new record as they rise eight per cent from last year, according to the Centre for Future Work. New research by the progressive research institute found that food retailers are now earning more than twice as much profit as they did pre-pandemic.

REAL ESTATE

BNN Bloomberg features

FILE - This Sept. 11, 2018, file photo, shows a marijuana plant at in the coastal mountain range of San Luis Obispo, Calif. New York Gov. Andrew Cuomo signed a bill Monday, July 29, 2019 that softens penalties for possessing small amounts of marijuana and allows for the expungement of some past convictions. (AP Photo/Richard Vogel, File)