It then increased its dividends by 10 per cent.
It said inflation was mainly responsible for the increase in sales by 8.2 per cent to $4.67 billion.
It said suppliers have asked for more than 27,000 price increases averaging 10 per cent.
Canada’s three largest supermarket owners – Loblaws, Sobeys and Metro – are facing criticism for their profit increases at a time when many low-income households can no longer afford some foods.
They are also criticized for putting too much pressure on suppliers.
