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Harsh penalties to combat price gouging

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Shady Salah – Media in Toronto

Premier Doug Ford announced on Saturday new penalties to combat price gouging and hold offenders accountable for raising prices significantly on the necessary goods Ontarians need to protect themselves and their families from COVID-19.
Effective immediately, the government has issued an emergency order that retail businesses and individuals in Ontario cannot charge unfair prices for necessary goods, according to a press release.
Individual offenders can face a ticket of $750, or, if summoned to court and convicted, could face a maximum penalty of a $100,000 fine and one year in jail. If convicted, a company director or officer could face a fine of up to $500,000 and up to a year in jail, and a corporation could face a fine of up to $10 million.
“Starting today, we are taking serious steps to ensure our frontline workers, our families and our most vulnerable citizens have what they need to stay safe,” said Premier Doug Ford. “We are putting an end to those trying to profit off of one of the darkest periods in our province’s history. If you’re engaging in price gouging on necessary goods, we are going to slap you with a ticket or you could face fines or jail time.”

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