And the worst is yet to come
Shoplifting has been on the rise in Canadian supermarkets in recent months. And that ultimately costs us all. Concrete data on theft in grocery stores is difficult to get since incidents are typically underreported. Managers tend to take matters into their own hands. But with the increasing number of reports of theft, and security guards…
The Crown corporation is controlled by three people, all with dairy connections
The Canadian Dairy Commission announced recently that farmers will get an unprecedented 8.4 per cent more for their milk and better than 12 per cent more for butter starting in February. For consumers, this certainly isn’t great news. Milk, butter and yogurt prices will likely skyrocket in the new year. It’s the highest increase since…
And consumers are seeing first-hand how climate impacts their pocketbooks
COP26 is just around the corner – the 26th United Nations climate change conference starts in Glasgow on Oct. 31. During the two-week summit, delegates face the colossal task of bridging the gap between the climate commitments made in 2015 with the Paris climate accord and the significant transformations needed to tackle our current climate…
More than 35.5M tonnes of food is thrown out yearly in Canada and rescuing food is getting more attention
Many people claim the term’ food waste’ should never be used and there’s some truth to that. Food is precious and is always of value to someone, somewhere. Associating food with the term ‘waste’ can only imply that food can become worthless. We can compost it, use it to produce biofuels and, of course, repurpose…
Very. But you wouldn't know it from StatsCan data
If you think food prices are increasing at a much faster pace than what Statistics Canada suggests, you’re likely not imagining it. For a few years, many Canadians have suspected that the federal agency was either underestimating our food inflation or there was some lag between what was going on at the grocery store and…
Meat is a luxury in most countries and it’s becoming one in Canada. The good news? Canadians can deal
The cost of living has understandably been one of the current federal election’s top issues. Most major parties have included proposed measures to help Canadians, especially those with less means. However, recent data suggest consumers are taking matters into their own hands to save a few bucks. Meat represents a big portion of anyone’s food…
If you feel you’re paying more for food, it’s not an illusion
The Conservative Party of Canada recently promised to control food inflation for Canadians. It’s an odd promise for a party typically known to embrace market-free conditions but it holds great potential. What makes this promise even more atypical is that Canadians have access to one of the most affordable food baskets in the world, 18th…
Groceries are about to get expensive. Food inflation should be a key issue in the Canadian election
Canadians’ ballot decisions in the Sept. 20 federal election will likely differ depending on what you really care about. But since everyone eats and most of us try to manage a limited food budget, the most important electoral issue will likely be inflation. Or at least it should be. Everything is costing Canadians more, including…
But the industry will do everything it can so you don’t notice
Coffee is one of the most traded commodities in the world. In Canada, we don’t grow coffee – yet – but we love our daily cup of java. Over 90 per cent of Canadians are coffee drinkers. But coffee is getting ridiculously expensive. In 2020, Canada was ranked fifth highest in the world based on…
Prices will go up by as much as five per cent this year, or almost $700 more for groceries for the year for an average Canadian family
What was purely an academic supposition a few months ago is now actually happening. Along with higher interest rates, inflation is likely to become one of this year’s biggest business stories. And food prices won’t be immune. Many agricultural commodity prices have skyrocketed over last year. Corn is up 84 per cent, soybeans are up…