Canada has become the ‘food inflation capital’ of the G7, food expert says
Canada has become the ‘food inflation capital’ of the G7, food expert says
Canada has become the ‘food inflation capital’ of the G7, food expert says
Canada has become the ‘food inflation capital’ of the G7, food expert says
36 Comments
Feels like its just getting started. I dont know how much more we can take, but there’s no relief coming soon.
Steak price is insane nowadays
Do any of those new trade deals include food imports?
Or new grocery chains?
Remember when we blamed the carbon tax for food inflation?
Coffee has been the real dickpunch. I’m okay with avoiding beef but I need my coffee.
Im close to reaching 2000$ a month in groceries alone. This fucking sucks and no relief in sight.
We need more competition.
Its nit just the price, so many Canadians are burned out and over worked they turn to processed, expensive and often low quality foods. Both parents working full time or single Canadians working two jobs. When food becomes more expensive, obesity, malnutrition and other diseases rise with it, which puts a strain on our other system and people’s general wellbeing.
I don’t have a solution, its a symptom and catalyst of bigger problems in our society.
Thanks to a few ultra families owning the oligopoly and lobby the politicians.
We need to wrestle the monopoly away from our grocery oligarchs.
News outlets really need another source than Charlebois. There has to be more than one food security/grocery expert in this country.
We have a problem as Canadians too. We feel entitled to our choice of store, our choice of food, and we want it at the price we want. When stores decide they will provide the food we want, and they know we won’t go to another store, we will get charged whatever **they** want.
Look at shoppers drug mart. Doesn’t sell a damn thing that you can’t get somewhere else, charges 150% of what they should, full of people every day. They were charging like $10 for shrunken half full bag of chips at one point…and people would grab the bag if it was 20% off in Optimum points.
You can save a massive amount on quality meat and vegetables, but you have to stop going to the closest Loblaws unfortunately.
Here’s what I really don’t understand: 7 or 8 years ago, we were all being warned about crazy incoming increases in food costs. So, why? They knew the cost of food was going to go through the roof so, why did we allow it to happen? Moreover, why aren’t we doing anything about it?
Following his cabinet swearing-in ceremony in May, Prime Minister Mark Carney said one way for Canadians to judge the performance of his government would be “by their experience at the grocery store.”
Citing an 8.5% increase in the cost of restaurant food in December, Charlebois said Canada’s combined food inflation rate of 6.2% is highest in the G7, ahead of Japan (6.1%), U.K. (4.2%), U.S. (3.1%), Italy (2.6%), France (1.7%) and Germany (1.4%).
If they were caught fixing bread prices, you kind of wonder what else they are rigging.
Prices have been pretty steadily rising since covid, my average bill is about 120% more than it would have been 10 years ago.
Dairy cartel exploiting us with crazy high prices
I did a deep dive into the price of meat.
It’s all bs grain shortage, herd head lows etc.
It’s all 100% the middle men getting rich ie the 3 or 4 not sure meat processing plants who I haven’t gone this far yet are I’m assuming controlled by the same grocery stores corps.
This is just pure greed.
Didn’t carney say to judge by him by thier grocery bill….?
It is just corporate greed. These monopolies need to be broken.
Also, by the way – I visited a friend in US and had to pick up some groceries. Admittedly, it wasn’t a no frills kind of store but the Cranberry juice that is priced about 4 bucks here was 8 USD. I had to make sure they were just selling one at that price.
Loblaws needs to be broken up. How is it not illegal what they’re doing?
Hyperinflation on food for 6 years now. The inflation on inflation (exponential growth) has passed sustainability. The massaged numbers tell us on our best day we’re 3-5% inflation. That means EVERYONE in the country needs to be paid 3-5% more EVERY year. Real people that live real lives watch grocery staples go up 15-50% and don’t get any larger wage. We get told we’re lucky to have any job. Make do. For how long? For what purpose? We could have local greenhouses and meat processing set up in months logistically. We have people in every town that need jobs and people that need food. Why can’t our market allow this? Food scarcity? 2026? Unnecessary
Our government is run by a handful of corps.
Hooray! It’s only getting worse
its not inflation. its greedy cunt executives
Time for Soylent Green. Made with Canadian soybeans and lentis! 😉
The solution for food inflation *and* the housing crisis!
No mention of greed influencing prices with record profits….yet again avoiding the conversation of managing the grocery monopolies and collusion.
Don’t worry, NDP will blame the rich, Liberals will blame Donald Trump and Canadians will continue to pay the price.
“Canadians will hold us to account by their experience at the grocery store, when they are paying their electricity bill, when they or their children are looking for a place to live,” Carney said
Groceries are crazy expensive we’re getting hosed
Not a single big name brand has a good reason to charge the prices they do, not EVEN during Covid. A can of Campbell’s soup should not be $5 fucking dollars.
By wef design
I believe Mark Carney said to judge him on the price of groceries. I guess only non liberals are finding it difficult to find deals at the supermarket.
Yea but our elbows are up so it’s OK right?
No mention of price gouging.
We’re always number one for all the wrong reasons. I’m getting sick of it.
And there is nothing being done about it lol.
I can’t believe we as a country are letting politicians not address these issues. People are literally starving, middle class and even upper middle class families are restricting the amount of food they’re eating to get by. There isn’t one piece of legislation to help us whether that be relief or a solution.
We have a small group of companies conspiring to keep prices high so they can make more money for their shareholders (and build a castle). Literally selling out Canadians. Tax these people 80%