Sweet food inflation decrease on the horizon. Prices of sugar, flour, and coffee are expected to drop July’s food price data tells us a lot about why our grocery bills are the way they are. Some Canadians might not acknowledge it, but things are getting a bit better. Our food prices increased a bit better.
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food inflation
There is no doubt that inflation has been devastating. Food inflation alone has forced many to choose between food on the table or medicine in the body. To contain inflation, interest rates were hiked and most agreed that the tightening of monetary policy was necessary, despite the resulting economic slowdown. Rising interest rates made Canadian
The Competition Bureau is Not Doing its Job
on November 3rd, 2022
Consumers in many cities now have only one grocer, with fewer in-store choices due to the continuous pressure imposed on food processors Canada’s Competition Bureau has decided to investigate the Canadian food industry, specifically our grocery sector. Better late than never, I suppose. For years, many called for such an investigation while recognizing that the
How Serious is Food Inflation in Canada?
on September 27th, 2021
Statcan claims our food inflation rate is at 2.7%. But based on other sources, the federal agency may be significantly underestimating 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
Politicians Must Stop Weaponizing Food Prices for Political Gain
Let’s give the theatrics a rest in 2024 In an era where food inflation has become a contentious political issue, it’s all too tempting for politicians to target the grocery industry. Sadly, that’s exactly what transpired in our country this year, and it was both absurd and embarrassing. The government and Parliament relentlessly hounded our