Wednesday, August 9, 2017

Weston spin-doctors his wage comment

Galen Weston is fighting back to criticism since he said the minimum wage increases in Ontario and Quebec will cost Loblaws $190 million per year.

Weston, who is chief executive and president of Loblaws Companies, said he only meant to tell shareholders how much the increases will cost the company, not to be critical of the increases.

However, it has taken him more than a week to make the clarification which has come after Leadnow, an internet web page, launched a petition.

Leadnow’s petition page accuses Weston of trying to “sabotage” the increases and says Weston “complained to investors about the irritating cost of paying its workers a living wage – even though Loblaws doubled its profits last year and Weston took home five million dollars.”

The petition has collected around 13,000 signatures. Leadnow was founded in 2010 and is an independent, registered non-profit that has advocacy campaigns aimed at a wide array of issues ranging from pipelines, international trade and climate change.