Galen Weston and family, paragons of corporate greed in Canada, have apparently been making less money in recent months than they were last year, according to the latest figures released on Tuesday.

After being criticized (and investigated) forreporting record profitswhile grocery prices have soared abovethe rate of general inflation, George Weston Limited — which operates Loblaws — says its profits during the second quarter of this year were significantly lower than during the same period in 2022.

Of course he is. As owner one of our 2 major grocery chains, he's found a way to blame supply increases while not paying farmers any more. Also, blaming inflation that is mostly caused by food price increases(awesome idea). F#ck us, right?

— The Soltesz (@TheSoltesz)November 24, 2022

The company's staggering $498 million made between this April and June is actually21.5 per cent lessthan last year's Q2 earnings, which were a mind-blowing $634 million.

Of course, we are comparing figures completely unfathomable to the average person here, but it is still a development that will be welcome among Canadians who are struggling to pay for ever-more-overpriced food.

It is noteworthy that the revenue, profits and sales for Loblaw Companies Ltd. specificallyhas been up year-over-year, but "unfavourable liabilities" in Weston's Choice Properties Real Estate Investment Trust division have pulled the stats downward.

Shoplifting is self defense

— Florian François (@FeF_Florian)November 17, 2022

George Weston Ltd. is led bythe much-hatedGalen Weston Jr., who made the surprise announcement earlier this year thathe would be relinquishing his rolesas President and CEO of Loblaw starting in 2024.

He remains chair of the Loblaw board, as well as chair and of CEO George Weston.