Faced with increasing pressure to respond to widespread concerns about the cost of living and questions about his leadership, Prime Minister Justin Trudeau announced a series of new measures Thursday meant to deal with rising housing and grocery prices.

  • frostbiker@lemmy.ca
    link
    fedilink
    arrow-up
    5
    ·
    edit-2
    1 year ago

    If you place price caps on a product that are below the point where it is profitable for companies to sell it then they will simply stop stocking them in in their shelves. There is historical precedent, too.