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…
Nobody really knows how the economy will look as a return to normalcy progresses
Grocers racked up millions of dollars in profits as they increased revenues during the first year of the pandemic. But numbers this year tell us tougher economic times await them. And the economy is just one part of the story. Nobody really knows how the economy will look this fall and winter as a return…
Recognizes that manufacturing - including farmers - are the anchor to the entire food supply chain
A new coalition led by the Retail Council of Canada (RCC) has presented a roadmap to peace within the food industry. It’s a positive step forward for the food production industry and consumers. For years, grocers have unilaterally imposed fees on their suppliers, with questionable excuses. While grocers maintained a hard line to protect margins,…
The pandemic is changing our unease when using self-checkout counters
Only a few years ago, self-checkouts were seen as job killers by many Canadians. Grocers just didn’t know what to think of self-checkouts. And consumers had a love-hate relationship with them. Some saw them as job killers, replacing humans who desperately needed employment. Others quietly used them, either preferring a speedy exit or simply avoiding…
Food manufacturing lacks investment, suffers from thin margins, faces additional grocers’ fees and must deal with aging facilities
By Sylvain Charlebois and Amy Hill Dalhousie University Canadian food and beverage manufacturing plays a key role in supporting farmers and the rest of the food supply chain. The second largest manufacturing sector, food and beverage, contributed $26.5 billion to Canadian gross domestic product (GDP) in 2020. Just 10 manufacturing sectors – including food manufacturing…
While food prices continue to climb in Canada, grocers’ fees, in addition to low margins, haven’t helped manufacturers benefit
Many Canadians are oblivious to the fact that, in the food industry, suppliers need to pay grocers to conduct business. Fees were justified by merchandising costs and shelf space – things anyone would expect. But in recent years, things changed. Companies like Loblaws, Walmart and Metro used infrastructure and capital projects to justify new fees.…
Most Canadians wouldn’t know that a lot of the innovation we’ve seen in food retailing in Canada has come from independents
Most of us wouldn’t know if we were in an independently owned and operated grocery store unless a notice is posted somewhere as you enter the store or you ask someone. Canada regularly loses an independent grocer these days. Last week, we learned that Empire (Sobeys) would purchase one of Canada’s top premium independent grocers,…
Recalls and plant shutdowns due to COVID-19 couldn’t keep Canadians away from the meat counter. But prices did reach the sticker-shock point
The COVID-19 pandemic has affected everyone on Earth one way or another, which is why the moment we are in is so unique. The way we consume food has also changed: how and where we buy it, and where we consume it have seen tremendous changes over the last 11 months. Proteins play a significant…
Couche-Tard has a reputation of generating value by polishing hidden gems in companies like Carrefour
We heard this week that Alimentation Couche-Tard is looking at acquiring European-based Carrefour, the seventh largest food retailer in the world. Buying a grocery chain would be a significant departure from what Couche-Tard is known for. A non-binding, friendly offer of $25 billion was sent to Carrefour. Couche-Tard is all about the convenience store economy.…