It’s high time to evaluate the possibility of a guaranteed minimum income, for greater financial equity for all
Every month, Statistics Canada reminds us that life is getting more expensive. But for food, the situation has been unique over the last few decades. Based on numbers released recently, the price of a typical grocery basket has increased by about 240 per cent since 2000. Some will think such a percentage is expected, given…
New eating and shopping habits likely here to stay as pandemic measures ease, U of A food economist predicts
Eating at home more and sticking with online delivery or takeout are habits likely to persist even as pandemic measures ease, according to one expert. “The ‘new normal’ is unlikely to be the same for retail and food service as life was in January of 2020,” when the first case of COVID-19 was reported in…
When costs rise, most food companies adjust. Safe, fair and sustainable business practices are always a priority in this sector – almost. Several food science experts believe an increase in food fraud is inevitable due to COVID-19. The Food Authenticity Network advisory board, which includes more than 1,500 food science experts from around the world,…
The food sector has never been recession-proof. But COVID-19 may show us that it’s immune to deflationary pressures
Despite a negative inflation rate overall, recent Statistics Canada numbers tell us we’re in for a wild ride at the grocery store. While the general inflation rate sits at -0.2 per cent, the food inflation rate is at 3.4 per cent. In December, Canada’s Food Price Report predicted a food inflation rate of about 4.0…
While artificially inflated retail food prices are possible in Canada at any time, it’s highly unusual – even now
Even if they really haven’t had good reason, many Canadians have felt food insecure lately. Access to food has been a concern. Affordability is certainly a close second. Since the beginning of the COVID-19 crisis, consumers have occasionally taken to social media to report inflated prices by retailers. Even though the accusations were warranted in…
The global economy is being hammered. The good news is consumers may see cheaper food prices but there’s a big, dark cloud on the horizon
Most analysts agree that the oil price war is only beginning. Abundant cheap oil will impact the entire agri-food market, from farm gate to plate. And the coronavirus pandemic is compounding what’s already a fragile global economy. The pandemic and the oil price war caused a massive sell-off in equity and crude oil markets this…
Dollar stores in Canada sold well over $2 billion worth of food last year. And given how aggressive dollar stores are, that could double quickly
A visit to any dollar store is something to remember: the bright lights, aisles filled with things you may or may not need, and the distinctive smell. If we had to create a smell that mixes plastic with China, the smell in a dollar store would be it. It’s not overly appetizing but a greater…
Potatoes are 20% more expensive in grocery stores than they were last year, and they could get even more expensive in 2020. Our craving for this food staple is likely to blame
Most of us love fries and chips. Other than ketogenic, most diets don’t discriminate against the mighty potato. It’s even in the new Canada’s Food Guide. Most dishes using potatoes are loved by Canadians, especially in winter, when colder weather encourages us to seek heartier meals. But North America is experiencing potato shortages and processors…
The “local food” movement is mostly about connecting producers of expensive niche products with middle- and upper-middle class patrons
Across Ontario, “local food” activists continue to promote the economic, social and environmental virtues of small local alternative farms, community gardens, backyard henhouses and older, less efficient and more expensive ways to produce food. In response, the Ontario government – directly or through organizations such as Foodland Ontario, the Greenbelt Fund and the Trillium Foundation…
Ivonne Gamboa of GOAT talks about how the food-sharing app can be a difference-maker for many people
Ivonne Gamboa is CEO of GOAT. What is GOAT and what does it stand for? Gamboa: Goat Generation is a mobile app that enables meal sharing among communities in a new and unique way. The term GOAT is used to define an exceptional person, experience or thing – GOAT is the greatest of all time.…